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The New Credit Score In Town

Monday, 22 Sep 2008 | 8:56 PM ET
The Mortgage Mess & You
CNBC's Carmen Wong Ulrich helps viewers shield themselves from the mortgage mess.

As though finding out your credit score weren’t enough of a hassle, there’s now a whole new model to add to the mix. VantageScore is a joint venture of the three credit unions – Equifax, Transunion and Experian – designed to take away market share from the venerable leader of the pack, Fair Isaac (FICO).