What is the name of the credit scoring system developed by the three national credit bureaus in March 2006?

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VantageScore is the correct name of the credit scoring system developed by the three national credit bureaus—Equifax, Experian, and TransUnion—in March 2006. This scoring model was created to provide consumers and lenders a more consistent understanding of creditworthiness. Unlike traditional scoring models, VantageScore was designed to enhance the scoring process by considering more recent consumer behavior and allowing for more inclusivity of credit scores for individuals with limited credit history.

The system aimed to standardize credit scoring, thus making it easier for lenders to assess risk. Its development signified a shift toward more advanced methodologies for calculating credit scores and was a collaborative effort aimed at improving transparency and access to credit information for consumers.

The other names listed do not refer to this specific scoring system and are not recognized credit scoring models developed by the major credit bureaus.

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