Myth: Regulators and examiners are not aware of VantageScore.

March 23, 2016

Myths and misconceptions about the VantageScore model and credit scores in general have existed and been perpetuated over time. Clearing up these myths is important for the industry as well as for consumers.

Myth: Regulators and examiners are not aware of VantageScore

Reality: VantageScore has been interfacing with key regulators for more than ten years. Those regulators include, but are not limited to:

Office of the Comptroller of the Currency (OCC)
Federal Reserve Board
Federal Deposit Insurance Corporation (FDIC)
U.S. Department of Housing and Urban Development (HUD)/Federal Housing Administration (FHA)
Federal Housing Finance Agency (FHFA)
Federal Trade Commission (FTC)
National Credit Union Administration (NCUA)
Consumer Financial Protection Bureau (CFPB)

More information about VantageScore’s regulatory recognition is available here.

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