Credit Unions & VantageScore

Expand Portfolio Growth

VantageScore helps credit unions recruit more members and offer more loans.

By providing a fair and accurate credit score to a broader population, VantageScore 5.0 creates opportunities for credit unions to extend credit safely and soundly to consumers historically underserved by legacy processes.

Built for today’s market, VantageScore 5.0 enhances risk segmentation for thin-file, newly scored, and credit-inactive consumers, helping credit unions expand access without increasing credit losses.

The VantageScore Value

The VantageScore 5.0 credit scoring model can help credit unions:

Unlock New Borrowers: VantageScore 5.0 scores approximately 33 million more consumers than conventional scoring models, including new-to-credit, no-trade, and inactive/dormant consumers.
Drive Financial Inclusion: Support financial inclusion by reaching newly scored consumers, including 13 million credit-eligible consumers with a credit score of 620 or higher.
Easily Assess Portfolio Risks: VantageScore 5.0 delivers industry-leading predictive performance, enhanced score stability, and more granular risk evaluation across member segments.
Optimize Growth and Pricing: Use stronger risk-based pricing precision to grow portfolios safely and soundly while giving more members greater access to credit.
Together, we can build a stronger and more inclusive lending ecosystem.
Member Engagement

VantageScore can be provided to members for free along with educational materials as a member benefit.

With VantageScore 5.0, credit unions can pair a familiar 300-850 score range with reason codes to make credit education more transparent and actionable.

By engaging with members, credit unions establish trust and build loyalty.

27 billion VantageScore Credit Scores

Provided to consumers in a 12-month period.

Credit Education

Tools including estimators, simulators, and other helpful information are provided.

Using VantageScore for Credit Unions

VantageScore 5.0 helps credit unions navigate the ever-changing landscape of credit scoring by aligning with the top NCRAs and scoring more borrowers, more consistently.

With a simplified segmentation approach and a tri-bureau model designed for score consistency, VantageScore 5.0 helps credit unions assess portfolio risk with greater confidence.

To get started, contact your NCRA representative and start using VantageScore 5.0 today.

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