Data analytics and credit reporting companies are lining up to offer lenders and consumers a range of new services, as they position themselves to take leadership in a consumer finance market that is adjusting to comprehensive credit reporting.Credit reporting agencies Veda, Dun & Bradstreet and Experian, as well as the US credit scoring company FICO, have launched credit scoring services for consumers and data analysis services for credit providers. More offerings are on the way.Credit reporting agencies are obliged to give consumers copies of their credit files, but Veda and FICO reckon that consumers will want more information and analysis.FICO, which provides credit scoring systems for lenders, has a new consumer product called FICO Score Open Access. It gives customers access to their FICO scores, which are a measure of consumer credit risk.   Consumers will be able to see the factors that have contributed to their scores and can see educational material to help them understand how their financial behavior affects their score.FICO is pitching the service as a white label product for banks and other lenders to offer their customers.Veda has launched a similar consumer service called VedaScore, which gives consumers access to credit scores and analysis of how those scores have been determined. These proprietary scoring systems are based a large number of variables and are more sophisticated then credit reports.Veda has calculated credit scores for years, but previously only made them available to lenders.Consumers pay an annual subscription for the Veda service. The premium subscription includes an anti-fraud monitoring service called Identity Watch, where the consumer gives Veda their email address, credit and debit card details and other financial information. Veda monitors the internet to detect any un-authorised use of those accounts and alerts the customer if its detects any suspected fraud.Veda executive general manager of credit risk and adviser services David Grafton said VedaScore would expand to reflect changes to credit reporting.Dun & Bradstreet planned to offer consumers a credit score later this year. Dun & Bradstreet director of consumer risk solutions Steve Brown said the advantage of a credit score over a standard credit file was the score was designed to be predictive."What lenders want to know is how likely someone is to default. Credit scores are designed to give them that information, and that is what we will be making available to consumers," Brown said.New products are also being launched for lenders. The credit reporting market's new entrant Experian has launched a service called Corrections Exchange, which has been designed to simplify the management of credit file correction requests via access to a registry of credit providers and credit reporting bodies. The registry routes correction requests to the appropriate unit within each lending organisation.Under the old credit reporting rules, consumers could ask for a copy of their credit file and if they found an error they could ask for a correction. What changed this week is that consumers do not have to go to the credit provider that made the incorrect entry to get