Credit Score 712 – FICO Score vs Credit Score [What's the Difference?]
Credit Score 712 – How to Choose
FICO Score vs Credit Score [What’s the Difference?]
What is the difference between your FICO score and your credit score? In this brief video we discuss why the FICO vs credit score line is so fuzzy and what the actual difference is.
I recently pulled my FICO score from myfico.com. Looking into my own scores from the different credit bureaus really made me start to question. The biggest question being “why are credit scores different between agencies?”
But I also started wondering just what credit scores and FICO scores are and how they differ. I’m not a credit expert. But since I had this question myself, I decided to look into it.
We’ll explain how FICO is different from a VantageScore by looking into each model. Of course we could do a much deeper dive into how credit scores are calculated. However, for most of us, the basics are all you need to effectively build a strong credit score.
🎥 IN THIS VIDEO 🎥
00:00 – INTRO
00:23 – Credit Score Defined
01:15 – FICO Score Defined
02:22 – The Big Difference
03:33 – What Surprised Me About My FICO Score
04:40 – Wrap Up
#FICOvsCreditScore #FICOScorevsCreditScore #creditquestions
✅ FIND OUT WHERE YOUR CREDIT STANDS! ✅
I highly recommend MyFICO because I personally use it.
If you want to try MyFICO for yourself, you can get 20% off your
3-bureau credit reports at myFICO using this link:
👍 If you enjoyed this video, please don’t forget to click that like button! 👍
🗣 If this video resonates with you or anyone you know, please share it! 🗣
**WHAT TOPICS WOULD YOU LIKE TO SEE?**
Are there other stocks or topics that you would like to talk about? Let me know in the comments!
**INVESTING BOOKS WORTH READING**
Yes, these are affiliate link, and I do earn a small commission when you buy.
I only recommend them because they’ve helped me:
📙”The Little Common Sense Book Of Investing”
(by John Bogle)
📕“The Intelligent Investor”
(by Benjamin Graham)
📘“One Up On Wall Street”
(by Peter Lynch)
📙“Common Stocks, Uncommon Profits”
(by Philip Fisher)
🎵Looking for cool, royalty free music for your videos?🎵
I highly recommend Epidemic Sound!
You can click here:
– – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – –
I’m not a professional, Wall Street analyst nor am I a financial advisor. This video isn’t intended to be investment advice. ALWAYS do your own research before investing any money in any stock, bond or other investment.
Please note that this page does contain affiliate links and I do earn a small commission (at not extra cost to you) when you make purchases using the links on this page.
❓GOT FICO SCORE OR CREDIT SCORE QUESTIONS?❓
While I’m no credit expert, I’ll research whatever I can. Please leave your FICO and credit score questions in the comments section!