Valued Contributor
Posts: 1,875
Registered: ‎06-16-2012

Re: Vantage scores

Deltadog03 wrote:

I was curious to see the new VantageScore 3.0 in action, so I purchased the report from Experian today....Guess what??  Its NOT the 3.0 they advertise.....its the 2.0 scale system....  pissed....ugggh

I dont see anyone providing that model yet. Maybe it really hasnt gone into affect or maybe consumers cannot purchase it yet.

Garden since 1/22/15

Frequent Contributor
Posts: 345
Registered: ‎02-14-2013

Re: Vantage scores

Might have been a super stupid oops, but I thought on that page it talked about 3.0, so I assumed it was. Oh well I guess
EX: 619 (FICO) 3/14/14
EQ: 587 (FICO) 3/14/14
TU: 579 (FICO) 3/2/14

Goal: 700 Across the board In Garden until 4/1/16
Merrick Bank (0/500) Cap 1 Secured (0/201) Cap 1 Plat (0/300)
Valued Contributor
Posts: 1,087
Registered: ‎07-18-2009

Re: Vantage scores

I believe VantageScore 3.0 isn't even rolling out to lenders until later this spring. No telling when it will be available to consumers. Also, it takes lenders some time to adopt new scores, even if they are very good predictors. They have to evaluate it first then, being conservative, will probably only use it for a fraction of their portfolio until they can see good results.

I have reestablished credit over the last couple years
so my moniker is, well, rather out of date.

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