In the auto industry, the VantageScore model provides significant predictive performance improvement for account management and originations across the risk distribution.
The Value of VantageScore
The VantageScore 4.0 credit scoring model can help drive success for auto lenders.
- It offers best-in-class accuracy when predicting repayment risk.
- Its patented characteristic-leveling technology irons out inconsistencies in scores obtained from different credit bureaus; and
- Advanced model design enables VantageScore 4.0 to accurately assess approximately 40 million more potential customers (i.e., conventionally unscoreable) than traditional models can.