If you're reading this post, you already know that eCredable is in the business of helping consumers prove their creditworthiness, by verifying the routine bills they pay which are not reported to the national credit bureaus. We have created a credit rating that you can share with a potential creditor, which allows them to quickly determine your level of creditworthiness - just like they do with a FICO score.
Vantage has announced a new score which will help millions of consumers have better Vantage Scores - not better FICO scores. But it's still progress, especially for the lenders who use the Vantage score when determining your credit risk, and what kind of terms you might be offered. But don't get too excited. It takes years for creditors to adopt new scores, so you'll need to be patient.