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VantageScore

VantageScore

A joint venture by the three major credit bureaus (Experian, Equifax, and TransUnion), this model was conceived to expand access to credit scoring for a wider majority of Americans by lowering the minimum scoring requirement. Whereas FICO requires consumers to have an active account in the past six months, VantageScore only requires one active account in a person's credit report, regardless of length.

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