Tip:
Highlight text to annotate it
X
Hi everybody Dave Sullivan here for the Credit Guy TV Vantage 3.0 has t_v_ vantage three point hold has been
announced and i think it's a big win for the consumer
you see all prior versions of the Vantage have been score range from 501 to
990
this created a lot of confusion for people who went out to the annual credit
report dot com to find out their credit report and then order a score
they were usually present
with an artificially high number that didn't gel with the establish FICO score
used for fannie and freddie
so what they've done with three point *** is adopt eighty three hundred eight
fifty range and i know that sounds like a familiar range to you because it's
what fi co issues ever since they started scoring
credit reports
so there's no three point no
vintage score will be a lot closer to b
michael scoring range that will help a lot of consumers will cut down on
confusion
a few of the other things that they're incorporating
is a blended time zone
so
they look at that time period during the great reception and and the time period
uh... after that and consider those things separately to get your new
*** for
i'm not really a fan of that
but at least one the consumer gets the uh... the score
it will be in the same range so it's likely to be five ten fifteen points off
maybe more
but at least it will be hundreds of points off like it has been
now has a migrate three point oh over to the annual credit report dot com site
it'll be a big win for the consumer
i think it's a good move
they've always had access to all the data so they could very easily reverse
engineer the fight goes for
and now that they're on the same range it'll be a lot less confusing for the
consumer right
so quite go vantage three point all the same regis fight go three hundred eight
fifteen but cut down a confusion now you know
look a little bit me we're gonna change the credit industry
v