Tag: unscoreable

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Millennials and online marketplace lending...

As millennials continue to experience challenges in obtaining credit, Experian’s latest research finds that this population is very receptive to nonbank lenders for the...

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Scoring millennials...

According to a recent survey commissioned by VantageScore Solutions, millennials cite being unscoreable as the main obstacle to credit access. Among the findings: One-third...

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Newly scored population can be highly credit worthy...

According to VantageScore® Solutions' annual validation study, VantageScore 3.0 scores 36 million incremental consumers considered unscoreable by conventional credit scoring models....

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Many unscoreables are actually considered prime or nea...

According to research from VantageScore® LLC, 30 to 35 million people are not scored by the most popular credit-scoring models. When measured by more modern scoring methodologies — methods that leverage the data that exists in a person’s credit file better — as many as 10 million of these...

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Most “unscoreable” consumers are not subpr...

The average unscoreable consumer has a good job and a better-than-adequate credit profile. Sixty-one percent of unscoreable consumers hold professional level or skilled labor jobs, 30 percent have credit profiles that fall into the super prime/prime category and 20 percent are considered...

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