Search VantageScore.com

VantageScore

Default Risk Index

powered by TransUnion

The Default Risk Index presents the most accurate way to use credit scores to evaluate and compare pools of loans. This free, interactive data series is published quarterly to the VantageScore website using data from TransUnion. Rather than use credit scores to directly gauge risk profile—a practice that is common but flawed—the DRI is derived using the probability of default tables that lie beneath each credit score. In a single number, the Default Risk Index summarizes the risk profile of new originations in a way that is mathematically accurate and consistent over time.

How has the risk profile of new originations changed over time?

The interactive chart below illustrates the risk profile of consumer loans originated each quarter, with higher values representing riskier loans.

Hover over to view exact values per industry. Click on the key beneath the graph to suppress or display each industry.

Select timeframe From: to To:
Indexed to Q3-2013

The Default Risk Index translates each new loan into a risk estimate using the most recent odds charts available. This quarter reflects the first update to the odds charts since July 2016.  

How much risk did lenders take last quarter?

The dashboard below summarizes the total volume, risk profile, and Default Risk Index value for consumer loans originated last quarter.

Total Originations [i] Probability of Default (weighted average) [i] Default Risk Index [i] DRI vs. Last Quarter DRI vs. Same Quarter Last Year
Mortgage
Bankcard
Auto
Student

Through the lens of newly-updated odds charts, this most recent quarter saw a significant increase in the risk profile of new credit cards as compared to a significant decrease in the riskiness of new mortgages from the previous quarter.  

How have total lending volumes changed over time?

The interactive chart below illustrates the total volume of consumer loans originated each quarter. For bankcard loans, the values represent total credit limits originated during the quarter.

Hover over to view exact values per industry. Click on the key beneath the graph to suppress or display each industry, or click on any colored bar in the graph to view that industry by itself.

Select timeframe From: to To:
Billions of dollars

Originations in all loan categories remained at similar levels to the same quarter last year; relative to last quarter, however, mortgage originations increased 25.76 percent.

THE SCORE
Inside the latest issue
LATEST ISSUES:
November 2018
October 2018
September 2018
August 2018
July 2018
June 2018
BACK TO TOP
Valued partners:
CBA MBA
VantageScore Licensees:
Equifax Experian TransUnion