Should the New Vantage Score be Considered Reliable?

Anyone who has monitored their credit report in the past will be aware of the difference that can be on each credit bureaus credit report versus FICO. They may even have the exact same information on all three credit bureaus credit report and have a wide range of credit scores. Now the three credit reporting agencies have announced their joint efforts to release the highly anticipated Vantage Score. Why highly anticipated? The small amount of information that has been released so far about this new credit score has many wondering how reliable of a score this will be. The traditionally accepted FICO score, used by most lenders when considering credit application of all types, has a credit score range of 500-850. The new Vantage Score will have a credit score range between 501-990 and have a letter grade attached to it ranging from and