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Thursday March 16, 6:00 am ET

Holden Lewis

The three national credit bureaus have developed a rival to the well-known
FICO credit score. The credit bureaus say their scoring model will be easier
for consumers to understand and will offer more consistent scores. But it's
too soon to say whether lenders will embrace it.
"It's the most sophisticated, highly predictive scoring model that's
available in the marketplace," says Donald Girard, spokesman for
credit-reporting giant Experian.

The ...   more »