Summer is here and travel plans are likely on your mind. But, before you kick off your big road trip or beach escape, you may have to travel for business or other personal needs. While you&r… Read More

VantageScore, a leading national credit-scoring company, today announced the release of a comprehensive, loan level, VantageScore 4.0 historical data set to mortgage industry participants. T… Read More

Expanded Mortgage Collateral Option Gives Member Financial Institutions Additional Resources to Originate Loans to More Diverse and Creditworthy Homebuyers The Federal Home Loan Bank of C… Read More

Older and More Affluent Borrowers Continued to Spend and Pay on Time as Younger Consumers Increasingly Went Delinquent on Credit Cards VantageScore, a leading national credit-scoring comp… Read More

With the FHFA, Fannie Mae, and Freddie Mac gearing up to implement VantageScore 4.0 for GSE-funded mortgages, it’s crucial for mortgage lenders to prepare. This transition offers signi… Read More

The Federal Housing Finance Agency (FHFA), alongside Fannie Mae and Freddie Mac, has approved the use of VantageScore 4.0 for GSE-funded mortgages. This decision marks a significant step tow… Read More

Overall credit card delinquencies have been rising broadly this year and remain above pre-pandemic levels, raising concerns about consumer credit health and the general state of the economy… Read More

Financial inclusion and closing the racial homeownership gap are critical social issues in the United States. One significant step towards addressing these challenges is the adoption of Vant… Read More

Beginning in the fourth quarter of 2025, a VantageScore 4.0 credit score will be required for use for all mortgage loans funded by either Fannie Mae or Freddie Mac, which account for the maj… Read More

The mortgage market is a crucial segment of the financial system, enabling millions of individuals to purchase homes, thereby fostering economic stability and growth. Within this market, cre… Read More

After struggling for the last two years, credit card borrowers appear to be turning the corner, according to recent VantageScore CreditGauge data. “There’s reason to be cautio… Read More

Credit card interests are at historic highs as the Federal Reserve has raised interest rates, hoping to combat the highest inflation in four decades. At the same time, pandemic-era aid such… Read More

Despite the tens of billions of dollars banks pledged by financial services institutions after the death of George Floyd, the racial wealth gap has actually widened since 2020. According to… Read More

VantageScore’s April 2024 CreditGauge analysis reflects improving U.S. consumer credit health. MarketWatch recently covered the most recent CreditGauge findings, which signaled tha… Read More

Delinquent debt payments are still mostly higher than they were a year ago, but are trending in the right direction for now. As recently reported in the Wall Street Journal, VantageScore&rsq… Read More

“The good news is the consumer is very healthy and improving in overall credit health. As you look at the end of April, the average VantageScore is 702… and 702 is a great credi… Read More

Delinquencies Declined Across All Days Past Due (DPD) Categories compared to March 2024, but Still Remained Higher than April 2023 SAN FRANCISCO —May 29, 2024— VantageScore, a… Read More

VantageScore is expanding access for more creditworthy borrowers overlooked by traditional credit scoring models, including our active-duty military and veterans Our nation’s milita… Read More

For better, for worse; for richer, for poorer—that’s the promise most couples make in their wedding vows. When it comes to their finances, many couples fall into some common pitf… Read More

Automotive News recently covered VantageScore’s rapidly rising market adoption in the automotive sector, noting that “use of VantageScore credit scores grew roughly 28 percent at… Read More

VantageScore 4plus Uses Open Banking Data from Any Aggregator and is Compatible with All Major Credit Reports VantageScore today announced that its newest credit-scoring model, VantageSco… Read More

Credit Utilization Dropped for Third Straight Month, Balances Rose Modestly, Signaling Trend of Rising Credit Limits from Banks and Lenders SAN FRANCISCO — April 29, 2024—Vant… Read More

Are you feeling good about your finances? Or do phrases like “account balance,” “credit score” and “retirement savings” give you a twinge of anxiety? Don… Read More

New U.S. Patents Significantly Expand VantageScore’s Leadership in Inclusive and Innovative Machine Learning for Credit Scoring VantageScore, a leading national credit-scoring and d… Read More

“When you say to someone, ‘you’re not creditworthy,’ the main thing they hear is ‘you are not worthy.’  The ability to empathize with being labeled t… Read More

VantageScore scores almost 10% more Hennepin County residents than conventional scoring models One half of the famous ‘Twin Cities,’ Minneapolis, MN is home to firsts such as… Read More

According to VantageScore’s CreditGauge, a monthly analysis of U.S. consumer credit health, Americans’ credit scores are getting increasingly polarized. A recent analysis conduct… Read More

Record Growth Driven by Accelerated Adoption from Banks and Fintechs of VantageScore’s Innovative and Inclusive Credit Score Models VantageScore today announced that overall usage… Read More

SAN FRANCISCO — March 27, 2024—VantageScore, a leading national credit-scoring and data insights company, today released its February 2024 CreditGauge, a monthly analysis highlig… Read More

Are you “invisible” when it comes to getting the credit you need? According to the Consumer Financial Protection Bureau (CFPB) there are approximately 45 million peo… Read More

At a time when all eyes are on the Fed and their decisions around interest rates, Silvio Tavares, President and CEO of VantageScore, spoke to CNBC to explore how the Federal Reserve’s… Read More

“The use of VantageScore credit scores has grown 30%, far outpacing our competitors. That’s because VantageScore offers the most predictive, reliable and innovative credit scores… Read More

“The average VantageScore has been steady at 701 through the end of January 2024 after dropping 1 point in July 2023. This masks a bit of a separation between consumers. The VantageSco… Read More

April 15th is fast approaching, which means you have only a few remaining weeks to deal with your 2023 tax returns. And while the topics of taxes and credit reporting don’t normally fi… Read More

This month, the Federal Housing Finance Agency (FHFA) announced an accelerated timeline for VantageScore adoption in the mortgage marketplace. Lenders who want to sell mortgages to Fannie Ma… Read More

VantageScore, the leading national credit-scoring and data analytics company, today released its January 2024 CreditGauge, a monthly analysis highlighting the overall health of U.S. consumer… Read More

This week, Susan Fahy, EVP, and Chief Digital Officer at VantageScore joined Chuck Jaffe on the “Money Life” podcast, in which she covered December 2023 VantageScore® CreditG… Read More

National Mortgage News covered the recent announcement that the Federal Home Loan Bank of San Francisco (FHLBank San Francisco) will begin accepting mortgages underwritten using VantageScore… Read More

The Federal Home Loan Bank of San Francisco (FHLBank San Francisco) and VantageScore announced today that FHLBank San Francisco will now accept mortgage collateral originated by lenders usin… Read More

“Don’t try this at home.” Are you curious as to how resilient your credit score is? How familiar are you with the potential credit score impact of certain borrowing b… Read More

Silvio Tavares, President and CEO of VantageScore, was featured in the Associated Press’ story, ‘Americans have become saddled with credit card debt as rent and everyday prices r… Read More

Today, VantageScore CEO Silvio Tavares appeared live on Bloomberg Businessweek TV and Radio to discuss the latest insights from VantageScore’s December 2023 CreditGauge. “Th… Read More

Today VantageScore released its December 2023 CreditGauge, a monthly analysis highlighting the overall health of U.S. consumer credit. The average VantageScore 4.0 credit score dropped by 0… Read More

Over 90% of Philly residents are scoreable by VantageScore, as compared to 75% by other models. Philadelphia is the embodiment of American culture in many ways. Home to about 1.6 million… Read More

“…VantageScore has been attempting to impact the lending landscape by deploying its new credit reporting model. Its entry into the industry has had two major effects. First, it… Read More

Today, VantageScore released its November 2023 CreditGauge, a monthly analysis highlighting the overall health of U.S. consumer credit. For the fifth consecutive month, the average VantageSc… Read More

“Generally speaking, we’re seeing consumers with a high level of confidence. That’s why they’re actually increasing their use of credit through November. Credit card… Read More

The Asset-Backed Securities (ABS) market witnessed a noteworthy evolution in 2023 as market players transitioned from conventional credit scoring models to the greater usage of VantageScore… Read More

If you’ve applied for a loan this year, you probably noticed that the interest rate you pay for a loan is quite high. Higher, in fact, than many of us have faced in our lifetimes. B… Read More

If you’re part of Gen Z, you’ve probably heard enough of grumpy Baby Boomers, Gen Xers and Millennials grumbling about how lazy the kids are these days or how the younger generat… Read More

Yesterday, Silvio Tavares, President and CEO of VantageScore, joined Yahoo! Finance LIVE to discuss consumer credit health post-Black Friday shopping trends and spikes in the usage of buy-no… Read More

All the glitz, glamour, gatherings and good tidings over the holidays can easily make you forget your disposable income has limits. Who wants to think about overspending when the jingle bell… Read More

Last week, Susan Fahy, EVP and Chief Digital Officer at VantageScore spoke with National Mortgage News to discuss subprime mortgage delinquencies trending upward, according to VantageScore&r… Read More

The holiday season is a great time for merriment – finding the perfect gifts for your loved ones and gathering with friends and family to celebrate the season. However, the holidays ca… Read More

Across all DPD categories, credit card delinquencies surpassed levels recorded last October, while new account originations slowed across all products. SAN FRANCISCO—November 28, 20… Read More

This week, U.S. News and World Report highlighted VantageScore in an article outlining the benefits of VantageScore’s credit scoring model and the company’s history. The artic… Read More

Repaying your student loans is an important financial responsibility, but knowing exactly what you’re getting into before you sign on the dotted line might make it a little easier. Wha… Read More

Earlier this month, the Federal Home Loan Bank of San Francisco issued a report titled “Closing The Racial Equity Gap: A Call To Action,” exploring the factors contributing to Am… Read More

Yesterday, VantageScore President and CEO Silvio Tavares joined hosts Bailey Lipschultz and Matt Miller on Bloomberg Radio to offer his consumer credit outlook as Q4 draws to a close, segmen… Read More

American Banker: More cardholders with solid credit are struggling to stay current American Banker recently covered the rise in consumer delinquencies citing VantageScore’s Septembe… Read More

In today’s fast-paced world, financial literacy for teens is no longer a luxury but a necessity. A strong foundation in financial education is crucial for teens to navigate adulthood a… Read More

On Friday, Silvio Tavares, President and CEO of VantageScore, joined CNBC’s “The Exchange” TV show to discuss the state of consumer credit health in the U.S. as we head tow… Read More

Black Friday Deals Are 3 Weeks Away… How are Consumers Faring? – VantageScore CEO Silvio Tavares Discusses the Health of the Consumer on CNBC’s “The Exchange”… Read More

New Features to Help Lenders Manage Through Macroeconomic Cycles and Take Action to Mitigate Potential Losses This week VantageScore released Phase II of RiskRatio, which includes a varie… Read More

How well do you know credit? Put your knowledge to the test and see how you score! We all know how important managing credit is. Having a strong credit score is necessary to qualify for f… Read More

Year-over-year, overall credit card delinquencies surpassed September 2022 levels across all DPD categories, while mortgage originations fell YoY across generations. SAN FRANCISCO—O… Read More

VantageScore 4.0 Adoption Will Expand the Mortgage Market to Include Approximately Five Million New Borrowers New Research Indicates Lenders Could Originate Up To $1 Trillion In New High… Read More

Home to an estimated 4.9 million people, Dallas is one of the most populous cities in Texas and one of America’s great metros. That said, not all Dallas residents currently enjoy equit… Read More

American Banker recently covered the rise in consumer delinquencies citing VantageScore’s August 2023 CreditGauge data. The article examines delinquency rates on consumer credit, which… Read More

12 Answers to “Big Picture” Questions About Student Loans The FAQ below addresses big-picture questions about the U.S. student loan situation as of October, 2023.  Th… Read More

Updates on Federal Student Loan Repayment and Negotiated Rulemaking for Broad-Based Student Debt Relief The landscape of federal student loans continues to evolve as borrower payments… Read More

Now that October is here, student loan borrowers are facing the reality that their loan payments are coming due – whether they’re ready to begin repayment or not. The U.S. Depart… Read More

Empowering Financial Wellness Through Informed Loan Repayment In August 2023, the Federal Reserve Bank of New York reported that U.S. consumer credit card debt had surpassed the $1 tr… Read More

In August, originations slowed across all other products compared to July 2023, overall YoY delinquencies reached their highest levels across DPD categories, and late-stage credit card delin… Read More

Deconstructing the Details of the New Student Loan Payment Plan Student loan debt is a major financial responsibility for millions of Americans, with the average borrower owing over $… Read More

Get Financially Ready for Federal Student Loan Repayment The federal student loan payment pause is officially over. As part of the “Fiscal Responsibility Act of 2023,” int… Read More

One of the most significant developments to hit consumer pocketbooks is the requirement that they begin repaying federal student loans after the payment pause enacted as a way of providing f… Read More

Question: Is VantageScore gaining traction in the capital markets? Answer: Absolutely! Many lenders sell consumer loans to institutional investors in the form of asset-backed securitie… Read More

Earlier today the Federal Housing Finance Administration (FHFA) announced the creation of an “industry group” to help facilitate its timeline for implementing VantageScore 4.0. S… Read More

Ever wonder if your credit score goes up as you age? Check out this USA Today article that dives into that question and more: “Credit scoring models don’t consider your age as… Read More

Dan Currell, former Deputy Under Secretary and Senior Advisor at the U.S. Department of Education, delves into the student loan arena to amass a thorough compilation of information and resou… Read More

VantageScore 4.0, the fourth-generation tri-bureau credit scoring model from VantageScore Solutions, once again sets a new standard for predictive performance and modeling innovation, pionee… Read More

Delinquencies across all categories and credit tiers were at the highest level in 12 months; year-over-year loan balances grew, while credit utilization remained flat for the month SAN FR… Read More