VantageScore® models are the only credit scoring models to employ the same characteristic information and model design across the three credit bureaus. Consequently, differences in credit scores are solely attributable to variances in the consumer’s credit file and not scoring model design. A recent analysis of consumers with credit files at all three bureaus found 75.8% had three VantageScore credit scores within a 20-point range and 90.3% had three scores within a 40-point range.
These findings reinforce the importance of using advanced credit scores in order to ensure accuracy and consistency, while providing consumers with access to fair and equitable credit.
VantageScore® is a registered trademark of VantageScore Solutions, LLC.