"The move by the Federal Housing Finance Agency is seen as a win for VantageScore, a credit-score system by VantageScore Solutions LLC, which is owned by the three large credit-reporting firms: Equifax Inc., TransUnion, and Experian PLC."
(Wall Street Journal, might be pay-walled) Housing-finance regulator aims to shake-up credit scores for mortgages
(Federal Housing Finance Agency news) FHFA Publishes Final Rule on Credit Score Models
Switching to AZEO this month to compare with my scores from exactly 1 year ago. That's when I started my revolving credit history with 2 cards. These scores are final from my January 10 myFICO 3B report.
I just got a $2,500 SP CLI on the Visa card. Reporting utilization for this month is based off the $9,000 CL, so I'm keeping that in the signature for now. New Visa CL is now $11,500. Total credit limit: $13,500, which is up from an $8,500 starting limit 1 year ago.
Heck there's already enough info gathering companies out there, now they want another one? What's wrong with just keeping Fico?
Sounds like some lobbying BS just to make Vantage matter again.
Another big payday for someone I'm sure.