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The strength in the Experian National Score Index and the PLUS
Score lies in Experian's history. An Experian company was one of
the first in the industry to offer scores based on credit agency data to help
lenders assess credit worthiness. Experian's decision solutions expertise and
experience puts the company in a unique position of having a thorough
understanding of the link between consumer credit and lending decisions. The
company's goal is to empower consumers with the tools necessary to improve
their financial standing. |
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As a part of Experian's commitment to educate consumers
about credit, the company has created the Experian National Score Index.
Formulated using the Experian-developed PLUS Score, the Experian
National Score Index is designed to give consumers a better
understanding of how their credit compares to that of other U.S. consumers. In
addition, as the economic environment changes, the Experian National Score
Index will offer insight into the changes in consumer financial
behavior on a national, regional, state, and area level.
Using its extensive consumer data and sophisticated analytic resources,
Experian has created a reliable and intuitive score index. The Experian
National Score Index provides results based on data collected from
a representative sample of three million U.S. consumers' credit profiles. The
information is routinely evaluated for significant changes in consumer
financial trends.
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The Experian-developed PLUS Score model
is a user-friendly, consumer-focused credit score. The new score was created in
response to the need for U.S. consumers to improve their knowledge of credit
and how it affects them. Easy to understand and simple to use, the PLUS
Score helps consumers learn the factors that drive their scores up
or down, and what they can do to improve their credit standing.
The PLUS Score is derived from information based on a credit
report, using a similar formula to those used by lenders. It can range from 330
to 830, with a higher score indicating lower credit risk. Modeled using the
most current consumer information available, the PLUS Score best
educates consumers about how to manage their credit and credit risks. The PLUS
Score gives consumers the security of knowing how they rate
regardless of who they turn to for their borrowing needs. |
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