PR – Kohl?s Using VantageScore for Automated Risk Decisions

VantageScore, a credit score jointly developed by Experian, Equifax and TransUnion, simplifies the credit granting process for businesses by providing a service that applies one, consistent formula to data from all three of the credit bureaus. Introduced to the market in March 2006, this innovative approach to credit scoring provides an objective credit scoring system across all three national credit reporting companies.

“Kohl’s is very confident in the predictiveness VantageScore has shown in assessing risk,” said Troy Carrothers, Senior Vice President, Credit at Kohl’s. “We believe in employing leading-edge technology to enhance our processes and increase the value we bring to our customers and shareholders.”