What is VantageScore?
The First of Its Kind
VantageScore fuses deep consumer credit behavior knowledge with innovative statistical modeling to give you unparalleled score consistency across all three major credit reporting companies (CRCs) – and predictive power beyond any generic credit risk score. As VantageScore is adopted by the credit lending industry, all players — from consumers to investors — will benefit from increased efficiency and effectiveness.
VantageScore employs the same, consistent scoring algorithm at all three CRCs. So any differences in one consumer’s scores across the CRCs would be due to data content differences, not the scoring formula.
Leveling the attributes across the CRCs contributes to the model’s superior predictive power over scores on the market today. And the VantageScore model is unprecedented in looking at data from all three CRCs at the same point in time.
Additionally, VantageScore drives “thin-file” market strategies by returning more predictive scores on consumers with very little credit history.
Launched in October 2010, Vantage Score 2.0 builds upon the strength of Vantage Score to deliver even greater predictive performance and stability
For additional product benefits, download the product sheets for VantageScore 1.0 and VantageScore 2.0, and visit the VantageScore web site
For More Information
For more information about VantageScore and how it can improve your business, contact your Equifax sales representative or click here. To learn more about other Equifax business solutions, call 1-888-202-4025 or click here.