Multiple choice general knowledge

Which is the score model used by TransUnion credit bureau for its own report

  1. Experian/Fair Isaac Risk Model

  2. EMPIRICA

  3. BEACON

  4. FICO
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

TransUnion uses the EMPIRICA score model for its credit reports, which is their proprietary scoring system. FICO is the Fair Isaac Corporation model used by Experian. BEACON is the score model used by Equifax. Each bureau has its own scoring model, though they all serve similar purposes of assessing creditworthiness.

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