VantageScore was designed to improve mortgage default prediction and prevent the next financial crisis.
Hosted on MSN
What is a VantageScore?
VantageScore is a credit scoring model that helps lenders make credit decisions when applicants apply for a loan or other type of financing. This credit scoring model works similarly to the ...
SAN FRANCISCO, Feb. 27, 2025 /PRNewswire/ — After a five-year hiatus, the resumption of reporting on educational debt will have both positive and negative impacts on many credit scores, according to a ...
WASHINGTON and SAN FRANCISCO, April 18, 2025 /PRNewswire/ -- VantageScore today announced the expansion of their groundbreaking VantageScore 4plus pilot program for lenders launched in partnership ...
Evidently keeping up with monthly car payments isn’t the highest priority nowadays. And experts from VantageScore see the delinquency landscape for auto finance potentially deteriorating further when ...
VantageScore's research found that the increase in delinquencies is not attributable to any specific group of consumers, as delinquencies were higher across credit risk tiers and income groups.
Federal Reserve chair Jerome Powell has acknowledged multiple times that, “My colleagues and I are acutely aware that high inflation imposes significant hardship as it erodes purchasing power, ...
Use of VantageScore credit scores grew roughly 28 percent at captive finance companies in 2023 amid higher delinquencies and volatility in the auto finance market. Auto lenders' use of VantageScore ...
VantageScore 5.0 is at the forefront of a new generation of VantageScore credit scoring models built on today's challenges and tomorrow's opportunities, providing lenders and fintechs with more ...
The average VantageScore is 700, slightly lower than a month before. There are now fewer consumers in the prime tier, while the subprime and nearprime tiers increased. Delinquencies rose across all ...
Despite being a small part of closing costs, credit report fees have become a flashpoint in the mortgage industry.
The VantageScore 4plus product pulls in standard credit file information while also analyzing bank account balance and other transactional data to create an adjusted score. VantageScore is launching a ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results