2019 Model Performance Assessment of VantageScore 4.0


Date: June 06, 2019

A key element of sound model risk management practices is to ensure that models continue to perform as expected over time. To that end, model developers and users perform periodic assessments of models to assess model performance against expectations, using recent observations and objective performance criteria.

VantageScore Solutions annually assesses the performance of VantageScore credit score models at each of the national Credit Reporting Companies (CRCs) – Experian, Equifax and TransUnion. To promote transparency and aid in model governance, VantageScore Solutions publishes the results of these assessments, along with updated odds/performance charts. This 2019 report represents the second annual model performance assessment of VantageScore 4.0 (launched in April 2017). The model is the first tri-bureau credit scoring model to incorporate trended credit data and leverage machine learning for superior performance.

To that end, model developers and users perform periodic assessments of models to assess model performance against expectations, using recent observations and objective performance criteria.VantageScore Solutions annually assesses the performance of VantageScore credit score models at each of the national Credit Reporting Companies (CRCs) – Experian, Equifax and TransUnion.

To promote transparency and aid in model governance, VantageScore Solutions publishes the results of these assessments, along with updated odds/performance charts.

This 2019 report represents the second annual model performance assessment of VantageScore 4.0 (launched in April 2017). The model is the first tri-bureau credit scoring model to incorporate trended credit data and leverage machine learning for superior performance.

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See all the performance data and insights on VantageScore’s advantage in the credit card industry.

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