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What is VantageScore and why it matters.

//What is VantageScore and why it matters.

What is VantageScore and why it matters.

 CM Vantage coreVantageScore is a three digit number frequently used by lenders to determine your eligibility for a loan. This product was introduced by the three credit bureaus (Experian, Equifax and TransUnion) in 2006 and serves as an alternative to FICO score. High VantageScore guarantees you approval and favorable loan conditions. As other types of credit scores, it is calculated based on a number of different factors like your credit payment history, credit utilization, quantity of credit lines, etc. Please, see more information about factors influencing your credit score here (Link to Blog Post #1).

CM Vantage ScoreVantageScore does not concentrate on length of credit history and primarily evaluates current situation: current available credit lines, payment performance, etc. It is good for newbies attempting to build a strong credit history from scratch as well as people struggling to reestablish after former financial problems.

Credit Mount consultants would always gladly prompt you how to achieve your financial goals and our credit education is absolutely FREE.

Call us now at 1 855 311 Credit (2733) and change your life today.

By |2017-01-06T21:32:08+00:00July 31st, 2012|Uncategorized|0 Comments

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