In the U.S., millions of people remain underserved and underrepresented by credit scoring models that are deemed reliable yet cloak a population that could be especially attractive to lenders – including significant numbers of minorities who are underserved. A recent white paper from FICO’s main...
For 17 years, there was only one game in town when it came to credit scoring. Now that other models have entered the space, the market has expanded to present a wider range of options for both lenders and consumers – and with those options...
VantageScore is in the movie business. Specifically, it’s in the consumer-education video business. Yesterday (May 21), VantageScore Solutions — the independently managed company that owns the intellectual property rights to the VantageScore credit scoring models — launched a series of consumer-education videos entitled “Street Credit”. As...
Establishing a credit history can be an unexpectedly tricky thing – to get a loan consumers need to demonstrate a past history of managing with debt well. To manage debt well, entities need to extend loans to consumers. Since the inception of credit, the above...
