VantageScores have arrived!

Experian is the first credit bureau to offer consumers a look at their VantageScore. This new scoring system was launched in March by the three credit bureaus and is designed to replace the FICO Score as the industry standard.

Be prepared for a different score than you are used to seeing. The VantageScore ranges from 501 to 990 and breaks the scores up into "grades" from A through F. A score above 700 is only a "C" with this new model. Plus, this new mod el includes different score factors than the traditional five we're used to with FICO.

I'm going to order my VantageScore today to check it out for myself. It's $5.95 to buy it online from Experian, but it doesn't include your credit report. You should too! Share your feedback, opinions and questions about the VantageScore in the comments section below.