VantageScore, a credit score jointly developed by Experian, Equifax and TransUnion, simplifies the credit granting process for businesses by providing a service that applies one consistent formula to data from all three of the credit bureaus. The credit scoring solution provides an objective credit scoring system across all three national credit reporting companies.
Kerry Williams, group president of credit services & decision analytics at Experian, said: VantageScore represents a breakthrough in credit scoring technology. Kohl’s is among the first companies to implement VantageScore from Experian into their automated scoring systems a testament to their forward-thinking vision and reliance on innovative technology.
