EVANSVILLE, Ind. & COSTA MESA, Calif.--(BUSINESS WIRE)--As part of its continued commitment to providing valuable financial tools to its customers, Springleaf® Financial (NYSE: LEAF) today announced that it has joined with Experian® to offer free online access to VantageScore® credit scores, through www.springleaf.com.
“To promote financial literacy and credit education, we offer a number of online resources, including videos, financial management tips and loan payment calculators,” said Dave Hogan, EVP of Marketing and Analytics at Springleaf®. “With the addition of VantageScore®, our customers will now have another way to assess and manage their finances.”
VantageScore® credit scores will be available to each customer, and will be updated quarterly. In addition to scores, customers will have the option to view graphs that demonstrate how their scores have trended over time, enabling better understanding of their individual credit profile.
“We are very happy that Springleaf® will be delivering VantageScore® to consumers,” said Lloyd Parker, Group President of Experian® Credit Services. “Experian® sees value in delivering scores to consumers as a catalyst to further understanding their credit, and the educational resources offered by VantageScore® Solutions LLC complete that picture.”
“Springleaf® believes in providing our customers with the resources they need to better understand and manage their financial health,” said Hogan. “Simple, cost-free access to credit scores through our online account management system will help customers know where they stand.”
To find out more visit www.springleaf.com/vantage.
About Springleaf® Holdings, Inc.
Springleaf® is a leading consumer finance company providing loan products to customers through its nationwide branch network and through its Internet lending division. Springleaf has a nearly 100-year track record of high quality origination, underwriting and servicing of personal loans, primarily to nonprime consumers. Springleaf operates one of the largest consumer finance branch networks in the United States, serving its customers through nearly 830 branches in 26 states. For more information, visit www.springleaffinancial.com/about-us.
About Experian®
Experian® is the leading global information services company, providing data and analytical tools to clients around the world. The Group helps businesses to manage credit risk, prevent fraud, target marketing offers and automate decision-making. Experian® also helps individuals to check their credit report and credit score, and protect against identity theft.
Experian® plc is listed on the London Stock Exchange (EXPN) and is a constituent of the FTSE 100 index. Total revenue for the year ended March 31, 2014, was US$4.8 billion. Experian® employs approximately 16,000 people in 39 countries and has its corporate headquarters in Dublin, Ireland, with operational headquarters in Nottingham, UK; California, US; and São Paulo, Brazil.
For more information, visit http://www.experianplc.com.
About VantageScore Solutions
VantageScore Solutions, LLC (www.vantagescore.com) is the independently managed company that owns the intellectual property rights to the VantageScore credit scoring models, including the VantageScore 3.0 model which provides up to 25 percent predictive improvement over earlier models and has the ability to formulate a score for 30 –35 million previously unscoreable consumers. Initially developed by America’s three national credit reporting companies (CRCs) —Equifax, Experian and TransUnion —VantageScore Solutions’ highly predictive models use an innovative, patented and patent-pending tri-bureau scoring methodology that provides lenders and consumers with more consistent credit scores across all three national credit reporting companies.
Experian and the Experian marks used herein are trademarks or registered trademarks of Experian Information Solutions, Inc. Other product and company names mentioned herein are the property of their respective owners.
VantageScore® is a registered trademark of VantageScore Solutions, LLC.
