The "Official" Vantage Score FAQ

Q.
Why have the three companies collaborated to develop a score?

A.
The three companies have heard client demand for the development of a single model that leverages the expertise of all three companies, and delivers the same, consistent and predictive power regardless of the data provider. The only way to address this market demand was to cooperate in the development of a revolutionary new score.

Q.
What are the advantages of this score over the many others currently on the market?

A.
Developed simultaneously from consumer data across all three credit reporting companies, this score promises greater consistency and predictability. Leveraging the deep data understanding of all three companies, and the latest analytic techniques, make this score not only consistent, but more predictive than older models.

Q.
Who will be the main market for this new score- consumers or business clients?

A.
VantageScore was created to address a strong need in the business marketplace. However, each company will distribute the VantageScore in a way that is consistent with its own business strategy that may include both consumers and business clients.

Q.
What does this mean for the continued existence of the credit scores the three companies have developed and marketed individually for the past few years? Will these scores continue to be sold?

A.
This score provides a new and unique option to the marketplace. There will continue to be multiple scoring solutions in the market that meet business needs. VantageScore will compete on the merits of its consistent, predictive power.

Q.
Will each of you sell the same score? Will there be any variations from company to company?

A.
The same model is used across all three companies. Differences in scores will occur when the underlying data content is different. Each company will sell VantageScore according to its unique marketing strategy and positioning in the marketplace.

Q.
How will this new score be priced?

A.
As independent distributors of VantageScore, each company will set its own prices.