 TITLE: Which Credit Score Is Used for Car Loans? CONTENT: What Credit Scores Do Car Lenders Use?\n--------------------------------------\nAlthough you might not know exactly which credit score an auto lender will use, the following types of credit scores are popular options:\n**FICO® Score☉ 8 and 9.** These are the latest generic FICO® scoring models. Although FICO® didn't create these models specifically for auto lenders, they are widely used credit scores, and auto lenders may use a base FICO® Score when reviewing auto loan applications.\n**FICO® Auto Scores.** There are multiple versions of the industry-specific FICO® Auto Score, which is created specifically for auto lenders. The FICO® Auto Scores are based on a generic FICO® Score, and then the score is altered to better predict a person's likelihood of repaying an auto loan on time. Your history with auto loans could be especially important in determining your FICO® Auto Scores.\n**VantageScore® 3.0 and 4.0.** These are the two latest versions of the credit scoring model created by VantageScore, a credit scoring agency founded by the three major credit bureaus (Experian, TransUnion and Equifax). According to a 2017 report from VantageScore Solutions and financial consulting firm Oliver Wyman, auto lenders used a VantageScore credit score for more than 70% of new auto loan and lease decisions from July 2016 to June 2017.\nThere are many minor differences between how FICO® and VantageScore use the information in your credit report and between the different scoring models from the same company. However, all these scores rely on a similar analysis of one of your credit reports. As a result, the actions that can help one score (like making on-time payments) could improve all your scores. END