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Transitioning to a more predictive risk model

July 3, 2014 by Carrie Janot

Universe expansion is key to any lender’s growth strategy. Sophisticated, advanced risk models, such as the VantageScore®3.0 model, allow lenders to score up to 35 million more consumers than other risk models.

When transitioning to a new risk model, there are variances that must be considered. By following simple plug and play steps to transition, lenders can implement a risk score that will increase volumes without raising risk while providing consumers with greater access to credit.

Webcast: Implementing a new scoring model

“All the details for a ‘Plug & Play’ model conversion,” The Score Newsletter

VantageScore® is a registered trademark of VantageScore Solutions, LLC.

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