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Average payments for first-time buyers have climbed 57% since 2019, while serious delinquency is becoming concentrated among lower-scoring borrowers
One-third of consumers say they would consider switching lenders over older scoring models, making underwriting technology a potential borrower-retention issue
The company points to trended data and tri-bureau consistency as approved lenders begin using greater credit-score choice
The HELOC-backed Visa connects revolving credit with contractor financing and rewards, but carries rates above the national average
Credit-score pricing contributed heavily to the increase, while exclusive VantageScore use remained limited
New borrower insights help lenders evaluate applicants earlier in the origination process at no additional cost
