VantageScore Solutions, the developer of the VantageScore credit scoring model, said Monday (Feb. 6) a recent Wall Street Journal story on the credit scoring industry...
While credit scores, or the lack thereof, tell lenders a lot about consumers, the traditional credit scoring models don’t always provide a clear picture of...
Promoting transparency in credit scores sounds like the ideal, but putting it into action is a whole other story. But as consumer behaviors and lending...
The three credit reporting agencies (Equifax, Experian and Equifax), under a program called the National Consumer Assistance Plan (NCAP) are looking for ways to improve...
Determining who represents good credit risk – and who doesn’t – is as much art as science for card issuers and other lenders. VantageScore 3.0...
The question is not just if credit scores will change, but how much will they change, and in what situations are these fluctuations actually meaningful...
Ten years ago, the three national credit bureaus got together to start a challenger to credit scoring’s dominant player. Out of that, VantageScore was born,...
Creditworthy but unscorable. What gives? Old credit scoring models, for one. VantageScore sat down with PYMNTS to explain how using new credit scoring models can...
Six billion and counting. According to VantageScore, that’s how many credit scores generated by its model have been used by card issuers and other industry...