Harriet Weinstein reports for the Greenwich (CT) Time on Stamford-based VantageScore Solutions, the new company established earlier this year by the three major credit bureaus (Equifax, Experian, and TransUnion) to introduce a new credit score. According to Weinstein, we should "consider VantageScore as taking a more compassionate - and more sophisticated - look at your creditworthiness, and coming up with a better answer for the bank when it asks what kind of person you are."

Fair Isaac Corporation has announced that it filed a lawsuit yesterday in Federal Court in Minneapolis "alleging that the three national credit reporting agencies and a jointly owned entity have violated antitrust laws and engaged in unfair competitive practices." Fair Isaac alleges that "Equifax Inc., Experian Information Solutions Inc., TransUnion LLC and VantageScore Solutions, LLC, through their launch and marketing of the VantageScore credit scoring model, are jointly engaging in unfair and anti-competitive practices that harm the FICO credit score brand and goodwill that Fair Isaac has spent 50 years creating."   » Continue Reading

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.

Experian has announced that VantageScore from Experian is now available to consumers.   » Continue Reading

Advantage Credit has announced some results from a recent teleconference it hosted to explore the new VantageScore, a new consumer credit score jointly developed and introduced recently by Experian, TransUnion and Equifax.   » Continue Reading

Eileen Alt Powell reports for the AP with more details about VantageScore, the new credit scoring system announced yesterday by the three major credit bureaus Equifax, Experian and TransUnion.   » Continue Reading

The nation's three consumer credit reporting companies -- Equifax, Experian and TransUnion -- have jointly announced the introduction of a new credit score called VantageScore they say will simplify and enhance the credit process for both consumers and credit grantors.   » Continue Reading