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I have recently come across Vantage Score. Can anybody give me details about Vantage Score and how it works.
I have recently come across Vantage Score. Can anybody give me details about Vantage Score and how it works.
Vantage score is actually a new model which has been developed by the three major credit reporting agencies ti develop a new scoring method which would reliably and predictively, score more people. This model simplifies the credit process for both consumers and creditors
It may a cheaper (less expensive to view than a FICO) manner for a consumer to help guesstimate their creditworthiness, but IMO it will only have a real value once lenders begin using VS in conjunction with internal credit assessment protocols instead of FICOs.
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