New & Improved Credit Credit Score System

The three credit bureaus namely Experian, Equifax and TransUnion together introduced a new and combined credit scoring system - the VantageScore last week to compete directly with the FICO score or Beacon scores. This system will have new ranges of credit scores ranging from 500 -990. But it will take a while before the new score takes over the marketplace. Read on...

http://www.kiplinger.com/personalfinance/columns/ask/archive/2006/q0320.htm