Why it's more stable
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Another advanced development feature of the VantageScore 3.0 model is that it is based on a wide breadth of consumer credit file data.
Traditional model development looks at how borrowers behave over a single time frame and only use a small development sample. By contrast, the VantageScore 3.0 model uses two blended time frames, 2009-2011 and 2010-2012, to capture two different, two-year periods representative of more current market conditions. Each national CRC contributed a database of 15 million anonymous credit files from those time frames with more granular data to create a development sample of 45 million credit files.
That database captures a larger sample of consumer behaviors and product types, allowing the VantageScore 3.0 model to deliver a high level of predictiveness that will be more stable over time.