The credit world is ever-changing. Almost yearly, financial news will highlight a new amendment to an act, a new credit program or a new credit score. Many consumers are unaware that there is more than one credit rating system, including the PLUS Score and VantageScore. Each score is created for a different reason and uses diverse factors to determine if a consumer is a good credit risk; for example, FICO’s Expansion Score, an alternative score used to determine the credit worthiness of those without a traditional credit history.
