I know FICO is one of them. What are the other 2?
Answers:
Beacon & Vantage.
Beacon is used by Equifax, FICO is used by Transunion & Vantage is a new score systed developed by the three credit bureaus. It ranges from 501-990.
PERSONAL,
BUSINESS,
BEACON SCORE,
NATIONAL CREDIT RATING
FICO is the standard credit score method. Beacon & Equifax are the other two. The only difference is that they are calculated by different credit reporting agencies. FICO has become the standard calculation.
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