Re: What's the difference between TransRisk and Advantage Score?[ Edited ]
10-01-2012 07:27 AM - edited 10-01-2012 07:30 AM
TransUnion developed the TransRisk score. The TransRisk score is available on TU-based or owned products like CreditKarma, some TrueCredit resale products like EIDT, and one or two others. As a side note, TU also developed a CC-enhanced TransRisk score and that's available if you have a Barclays SeaMiles CC. The score range for TransRisk is similar to FICO's of 300-850 (not exactly the same though).
VantageScore was developed by all 3 CRAs in an attempt to compete with FICO. They have two versions: 1.0 and 2.0. Version 1.0 ignores AU accounts, whereas Version 2.0 does not. Others have posted issues in not seeing any improvement when adding AUs when monitoring CreditKarma so I suspect 1.0 is still in use there. Aside from CreditKarma, Vantage is also offered if you purchase your report via TransUnion.com and similarly via Experian.com. The score range for VantageScore is 501-990.
No lenders use the TransRisk score. It says in the T&C of the products that offer TransRisk that the score is for educational use only. Not many lenders use Vantage. There are some, but it's rare.