How Will Recent Credit Reporting Changes Will Affect Consumers?

We’re a personal finance blog that focuses on financial literacy and the basics of personal finance. We’re writing a piece about the recent changes to the Credit Reporting Models from Experian, TransUnion and Equifax and how it will affects consumer’s scores. We’re looking for experts who can speak to the following topics: What is the reason for the change? How will the change affect consumers? How much change can people expect on their score? How will consumers with subprime scores specifically be affected? What is the reaction from lenders to the changes? Requirements: We are looking for experts in credit reporting, credit scores, lending, consumer advocacy, personal finance, etc.