How VantageScore 3.0 scores more people
The latest and greatest.
Review this fact sheet to learn more about the advantages of VantageScore 3.0.
Check our performance.
See how VantageScore 3.0 delivers more predictive and consistent scores.
Any lender’s portfolio benefits from capturing the widest possible base of qualified and relevant prospects within the lender’s target demographic and risk strategy. But traditional credit scoring models limit a lender’s universe to a smaller percentage of U.S. adults.
However, the VantageScore 3.0 model gives lenders access to 30-35 million credit-worthy consumers who would be invisible to old credit scoring models. That's a group of prospects more numerous than the population of Texas!
- The model does this by using a broader and deeper set of credit file data as well as more advanced modeling techniques. This allows the VantageScore model to capture unique consumer behaviors more accurately.
- Nearly 25 percent of these consumers are actually prime or near-prime credit quality—excellent candidates for mainstream lending products.