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VantageScore Solutions introduces VantageScore® 3.0 model

VantageScore Solutions, the company behind the VantageScore® credit scoring model, announced today the unveiling of its newly constructed credit scoring model, VantageScore 3.0. The new model provides up to 25 percent predictive improvement over earlier models and has the ability to formulate a score for 30 – 35 million previously unscoreable consumers – a group larger than the population of Texas. The scale used in the new model is 300 – 850, a change from earlier VantageScore models.

Read the full press release here.

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