Credit Repair

Is 790 A Good Credit Score – Why Are My Credit Scores SO Different? FICO vs Vantage | Stephen Liao @Credit

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Is 790 A Good Credit Score – Whats The Best?

Got a lot of questions about the different types of credit scores, so I’m dropping this lesson from my course to explain the difference! Add my Instagram @credit Stephen Liao for more Credit & Lifestyle hacks 😀

www.instagram.com/credit

So basically there’s 3 major companies that collect your credit information. Experian, Equifax, and Transunion. These companies do not calculate any score, all they do is put together a report. FICO has created 10 different versions of their algorithm to calculate different categories ranging from FICO auto to FICO credit. Everytime its algorithm is used, FICO gets paid and that’s why you rarely see free FICO scores, but you’ll see free credit reports from credit karma. The score you see on Credit Karma is calculated using VantageScore which is a free version of FICO.

American Express, Bank of America Chase, Citi, CapitalOne, Discover, etc all offer some version of credit report and credit score monitoring. If you have a bank account or credit card with them, be sure to sign up for credit monitoring, just so you stay updated. You can proactively prevent a lot of identity theft!

Check out this 5 min read on how VantageScore has evolved the past few years.
https://www.doctorofcredit.com/credit-scores/vantagescore/

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23 Comments
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23 Comments

  1. Tom Kyne
    July 30, 2021 at 1:15 pm

    What is the Vantage part?

  2. DeZone
    July 30, 2021 at 1:15 pm

    Lmk how to become a millionaire I’ve snapped you 🤓

  3. Isaiah Zendejas
    July 30, 2021 at 1:15 pm

    So I co-signed fir my dad over 8 years ago and he went default on it and didn’t pay it so 6 years ago I got a call saying I had to go to court for it so I negotiated to pay it off at a lower cost. So now I think it stills shows up on my credit score how do I get that off?

  4. RVS BEST
    July 30, 2021 at 1:15 pm

    Thank you, Salamat. God bless

  5. Induh family
    July 30, 2021 at 1:15 pm

    I have a list of AU tradelines guaranteed to report to all 3 credit bureaus and will stay on your credit report for 120 days

  6. Vee Nice
    July 30, 2021 at 1:15 pm

    You didn’t even go over the Vantage 3.0 Scores and the different between that and FICO score 🤦🏽‍♀️

  7. Bravarian Rebel
    July 30, 2021 at 1:15 pm

    Good stuff!

  8. Jiovanni Leon
    July 30, 2021 at 1:15 pm

    Is Everything in the basic credit course inside the credit 101 package ? Your awesome Stephen lion thanks for the knowledge

  9. F Torre
    July 30, 2021 at 1:15 pm

    Good job, Stephen. Congrats on being so well informed at such a young age. Can you please make a vid on the new FICO 10/T? Cheers.

  10. Luv Luv
    July 30, 2021 at 1:15 pm

    Liao, did you ever used Optoutpresceen?

  11. mostmost1
    July 30, 2021 at 1:15 pm

    Myfico shows you all the numbers also. My auto scores are lower than my others. I need another car btw.

  12. Chris Brown
    July 30, 2021 at 1:15 pm

    Thanks for sharing…

  13. Jérémy Sénat-Thibault
    July 30, 2021 at 1:15 pm

    the goat is there

  14. Mr. Cucumber
    July 30, 2021 at 1:15 pm

    Bro in 40k in CC debt.; owe 40k left on house. Can’t keep up with interest. Never missed payment in 8 years. Someone suggested I transfer to a business credit card to avoid interest in possibly file bankruptcy. Any advice?

  15. Nintendo Switch6
    July 30, 2021 at 1:15 pm

    All I hear is nerd stuff

  16. Rodney Meeks
    July 30, 2021 at 1:15 pm

    I just signed up for a MentorBox membership specifically to gain access to your credit courses, but they are no longer available. Where can I find your credit courses?

  17. Noodle Jaylen
    July 30, 2021 at 1:15 pm

    Hey stephen I love your thinking, I relate to you in a personal level. You talk like me in real life haha, but im a 14 year old version of u. You are amazing!

  18. Pat Olsen
    July 30, 2021 at 1:15 pm

    Keep uploading!! I think that you deserve way more views. Have you heard of followsm . c o m!!? Use it to promote your videos, it will help you grow your channel!!!

  19. Eduardo Rigon
    July 30, 2021 at 1:15 pm

    I don’t have money /:

  20. Divon Mitchell
    July 30, 2021 at 1:15 pm

    Keep them coming vid on vid on vid

  21. Kayden Tabraue
    July 30, 2021 at 1:15 pm

    Let me get your girls

  22. Finance District
    July 30, 2021 at 1:15 pm

    Bought your credit course with Tai lopez bro, the knowledge that you bring is amazing🙏.

  23. Frank Mesen
    July 30, 2021 at 1:15 pm

    🤷‍♂️