Using a more inclusive scoring model to reach new segments

January 7, 2014 by admin

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 scores with one-third of these consumers receiving either prime or near-prime credit scores. As a result, consumers may have greater access to fair and equitable credit and lower interest rates, creating a win-win opportunity for both lenders and consumers.

View a webcast on: Implementing a new scoring model

Source: What lenders really think about unscoreables, The Score newsletter

VantageScore® is a registered trademark of VantageScore Solutions, LLC.