New VantageScore Credit Model Aims To Boost Predictive Performance
Also, company’s pilot program gives nonprofit lenders access to modern credit scoring while helping them maintain sound lending practices
Tagged: VantageScore
Late Pays Rising for Student, Auto Loans
More of those with strong credit records have gone delinquent
Consumer Credit Delinquencies Hit Five-Year High
Mortgage debt is the primary driver behind rising credit balances
Signs Point To Consumer Spending Slowdown
Borrowers pay down mortgage debt in December, shy away from buying new homes, analysis finds
High-Income Borrowers Feeling The Credit Crunch
"White-collar consumers" experiencing financial strain, compounded by ongoing slump in white-collar employment.
Credit Delinquencies Rise, New Lending Slows
VantageScore provides the final snapshot of consumer credit health before the U.S. elections
Credit Score Switch Proving Difficult Absent Agency Guidance
Panelists at MBA's annual event agree GSEs have neglected to facilitate mandatory adoption of new credit scoring models, set to take effect in the fourth quarter of 2025.
Borrowers Leaned Heavily On Credit During August
Overall loan balances rose to the highest level in more than four years
Delinquencies Jumped And New Credit Growth Stalled In July
Consumer credit utilization decreased to 51.6% down from the prior month, hitting a new four-year low.