Key Credit Repair: Why Credit Karma Scores Are Higher Than FICO Scores


– Why is my Credit Karma
score so much higher than maybe what we see when
we go to get a mortgage or car loan? The reason for that is the
VantageScore that they’re using, that algorithm has a higher
scale versus the FICO score. So, even if you have the exact same data on both credit reports, you could actually find that
the Credit Karma report, in certain cases, will
actually be quite higher. It’s just a different scale. So, very similar formula. It’s taking into account
very similar factors, but you have a higher scale. There is a newer version
of the VantageScore that is slowly being released
that we’re starting to see on a lot of the credit reports that has a scale that is more aligned with what FICO is using.

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