11:08 AM

TransUnion Interactive Shifts to Consumer-Friendly VantageScore

CHICAGO, IL--(Marketwire - January 11, 2010) - TransUnion Interactive, the consumer subsidiary of TransUnion, announced today that it is now exclusively providing customers at its TrueCredit.com website with the VantageScore to help them better understand how lenders are likely to view their creditworthiness.

Introduced in March 2006 and now utilized by four of the top five U.S. financial institutions and eight of the top 10 credit card issuers, VantageScore is a highly predictive and consistent consumer credit scoring model featuring a score range of 501 to 990 and a corresponding letter grade (A-F) to help eliminate consumer confusion associated with credit scores.

"Because there are so many lenders using so many different scoring models to assess applicants, VantageScore's letter grading system gives consumers a leg up when checking their own credit standing," said John Danaher, president of TransUnion Interactive. "With VantageScore you get a simple letter grade to help you more easily understand how a lender is likely to view you, regardless of the scoring formula used to assess the information in your credit reports."

VantageScore utilizes "leveled characteristics" across the three credit reporting companies to ensure that the scores and letter grades a consumer receives for their three credit reports will all be consistent unless the information contained in those reports is different. "That's a major advantage for consumers," added Danaher. "Because knowing what your credit reports say about you and how that's impacting your score is critical to maintaining a healthy and accurate credit history and obtaining credit in the future."

About TransUnion Interactive

TransUnion Interactive, Inc. is the consumer subsidiary of TransUnion, a global leader in credit and information management, which maintains credit histories on an estimated 500 million consumers across the globe. With TransUnion Interactive, businesses can better acquire customers, strengthen long-term customer value and increase their bottom line. Through TransUnion Interactive's product suite, which includes TrueCredit.com (http://truecredit.com/) and zendough.com (http://www.zendough.com/), consumers can benefit from online educational materials, free monthly newsletters and easy-to-use tools designed to help them manage and control their finances.