Search VantageScore.com

EXPLORE OUR MODEL

Why it’s more predictive

The new VantageScore 4.0 credit scoring model offers predictive performance lift across all credit industries, outperforming VantageScore 3.0 in all major credit categories, with significant predictive lift overall in loan originations and a 5.3 percent lift in mortgage originations. This is despite the current low-default risk credit cycle, in which VantageScore 3.0 (and most other credit scoring models) enjoy a high level of accuracy.

VantageScore 4.0 scores approximately 30 million consumers who cannot obtain credit scores when conventional scoring models are used. To further enhance the accuracy of scores assigned to this previously unscoreable population, VantageScore 4.0 scientists leveraged machine learning techniques in their development of scorecards for those with dormant credit histories (i.e., those with scoreable trades but with no update to their credit file in six months).

This has led to a performance lift of 16.6 percent and 12.5 percent in the bankcard and auto originations categories for consumers with dormant credit files, as compared with VantageScore 3.0.

 

How It Performs

Check our performance.

See how VantageScore delivers more predictive and consistent scores.

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