KSL.com recently reported that the 3 consumer credit reporting agencies have just announced a New Credit Score Rating system. The new system will be made available to financial institutions immediately, and to consumers later this year.

The new credit score will be from a range of 501 – 990. This new range is higher than the old system. This will be the first time that all three credit agencies will be scoring credit the same way. Way to go for the New Credit Score Rating.