Search VantageScore.com

EXPLORE OUR MODEL

Why it’s more consistent

A key distinction between VantageScore and competing developers is the fact that VantageScore credit scoring models operate identically on data from all three national credit reporting companies (CRCs—Equifax, Experian and TransUnion). Competing developers tailor their models to each CRC’s database, an approach that introduces an inherent degree of inconsistency to the scoring process. The result is an unclear determination of risk. 

VantageScore employs a single, uniform model and a patented characteristic leveling process to treat pieces of data from each CRC the same. That means less variation in scores pulled simultaneously from multiple CRCs. It also means those variations can be chalked up to differences in credit-file content, rather than the scoring process itself. Importantly, VantageScore credit scores can be pulled and used independently, i.e., it is not a “tri-merge” report.

VantageScore 3.0: Score Consistency (overall)
[chart]

Characteristic leveling process

To yield consistent and equitable attribute definitions across multiple sources of information, the VantageScore 3.0 model uses a patented characteristic leveling process. Simply put, this ensures that when the same data is present in multiple sources — at least two CRCs — it is interpreted the same way, even though there may be differences in how the data is defined.

For lenders, a model that levels credit behavior characteristics provides a more consistent picture of a consumer’s credit payment behavior, no matter which CRC provides the data. That gives lenders a higher level of confidence in their decisions.

VantageScore 3.0: Odds Alignment
[chart]
VantageScore 3.0: Score consistency by credit tiers
[chart]

Improved consistency across all industry segments:

 

VantageScore 3.0

The latest and greatest.

Review this fact sheet to learn more about the advantages of VantageScore 3.0.

Videos worth watching

Visit our Video Hub to see both recent and classic releases from VantageScore Solutions.

THE SCORE
Inside the latest issue
LATEST ISSUES:
September 2017
August 2017
July 2017
June 2017
May 2017
April 2017
BACK TO TOP
Valued partners:
CBA MBA
VantageScore Licensees:
Equifax Experian TransUnion