Using a more inclusive scoring model such as the new VantageScore® 3.0, lenders can score up to 30 million consumers who are labeled “unscoreable” by traditional models. Nearly 25 percent of these consumers are prime or near-prime credit quality.
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Source: “How VantageScore 3.0 scores more people”
VantageScore® is a registered trademark of VantageScore Solutions, LLC.
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Download our case study to learn how home equity lender, Spring EQ, leveraged Experian Boost to help applicants qualify for better loan rates and terms.
