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You are here: Home / Blog / CONSUMER CREDIT REPORTING COMPANIES INTRODUCE VantageScore

CONSUMER CREDIT REPORTING COMPANIES INTRODUCE VantageScore

March 14, 2006 by Matt Fuller, GRI Leave a Comment

New Credit Scoring System to Benefit Consumers and Credit Grantors

Atlanta, Chicago and Costa Mesa, CA March 14, 2006 — The nation’s three consumer
credit reporting companies – Equifax, Experian and TransUnion – today jointly
announced the introduction of a new credit score designed to simplify and enhance the
credit process for both consumers and credit grantors.

VantageScore is a direct result of market demand for a more consistent and objective
approach to credit scoring methodology across all three national credit reporting
companies. This approach is unprecedented in the marketplace.

The new VantageScore leverages the collective experience of the industry’s leading
experts on credit data, scoring and analytics. Under the new scoring system, credit score
variance between credit reporting companies will be attributed to data differences within
each of the three consumer credit files and not to the structure of the scoring model or
data interpretation.

By combining cutting-edge, patent-pending analytic techniques with a highly intuitive
scale for scoring, VantageScore will provide consumers and businesses with a highly
predictive, consistent score that is easy to understand and apply. VantageScore uses score
ranges from 501 to 990.

VantageScore is being independently marketed and sold separately through each of the
three national credit reporting companies via licensing agreements with VantageScore
Solutions, LLC. VantageScore is commercially available beginning today.

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Whether you're dreaming of your first home or planning for your next, we promise that you'll get the full benefit of our top-notch negotiation skills, industry relationships and market knowledge when you partner with us. Modern representation, even in Victorians.

Contact:
Matt Fuller and Britton Jackson
Ryan Fay
Omar Maissen
team@jacksonfuller.com
415.800.2058 - phone

JacksonFuller Real Estate
Alabama Naples Inc.
845 Market St., Suite 450, San Francisco, CA 94103

CA RE License Info:
Alabama Naples Corporate License - 01527131
Matt - 01342261
Britton - 01308661
Ryan - 01924701
Omar - 1998808

Matt Fuller & Britton Jackson - Zephyr Real Estate


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