Does your risk model stand up against the test of time?...

Posted on Mar 06 2014 by
Using a risk model based on older data can result in reduced predictive power. As consumer credit behaviors evolve, the predictive contribution of specific factors changes. For example, in recently developed models, payment...

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Using a more inclusive scoring model to reach new segments...

Posted on Jan 07 2014 by
With most lenders focused on growth as the top priority for the new year, having the ability to score more consumers is key. The VantageScore 3.0 model enables lenders to score up to 35 million more consumers than other risk...

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Study shows consumer credit education can change credit beha...

Posted on Oct 27 2013 by
Personalized credit education can have a measurable impact on a person’s credit score. Consumers who used a personalized consumer credit-education service that offers one-on-one guidance and score simulation improved their...

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Strategic defaulters not likely to obtain a mortgage in the ...

Posted on Jun 16 2013 by
Despite the improving real-estate market, financial institutions are concerned about lending to consumers who have pursued strategic defaults. In a recent VantageScore Solutions survey, 85 percent of respondents believe that...

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Study analyzes profiles of consumers with high credit scores...

Posted on May 12 2013 by
VantageScore Solutions’ analysts recently examined how many accounts consumers with prime credit scores typically have in their credit file. Consumers who generally qualify for loans have an average of 13 loans in their credit...

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Hybrid buyers care for the environment and their credit...

Posted on May 05 2013 by
A recent analysis by Experian Automotive found that, overall, consumers purchasing a hybrid have significantly higher credit scores than those purchasing another type of new vehicle. The average credit score for a loan on a new...

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New model expands the scoreable universe...

Posted on Apr 07 2013 by
Using a more inclusive scoring model such as the new VantageScore® 3.0, lenders can score up to 30 million consumers who are labeled "unscoreable" by traditional models. Nearly 25 percent of these consumers are prime or...

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Consumers with HELOCs have the highest average credit score...

Posted on Mar 31 2013 by
While the overall average VantageScore® for consumers in Q4 2012 was 748, the average score can vary greatly by specific loan product. For example, the average VantageScore for consumers with a home equity line of credit is 864,...

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Most “unscoreable” consumers are not subprime...

Posted on Feb 24 2013 by
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...

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