Category: credit-score

This article defines and compares the two major credit scoring models in the United States: FICO and VantageScore. It specifies the exact scoring factors and their weightings for each model, quantifies the differences in how they treat late payments, credit utilization, and credit mix, and explains which lenders use which scores and why. The goal…

This article explains how credit scoring models measure the age of your accounts, why it makes up 15% of your FICO score, and how to manage it strategically without hurting your credit.