The Credit Game Is Getting a Second Scorekeeper: VantageScore
Damon Darlin reports for the New York Times on VantageScore, the recently introduced alternative to the long-standing FICO scores produced by Fair Isaac. According to the three credit bureaus that created VantageScore - Experian, TransUnion and Equifax, it improves risk prediction of future credit performance by weighing more factors. VantageScore also reportedly is more accurate at assessing consumers with "thin files" - having a short credit history.
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