VantageScore® Releases Results of Its Annual Model Performance Assessment
VantageScore Solutions released the results of its annual model performance assessment. In keeping with its mission to promote transparency and aid in model governance, VantageScore publishes the results of these assessments annually so that lenders and policy makers have confidence that the credit scores used to make loan decisions are predictive, consistent and fair.
Download Model Assessment
Download the 2022 Model Assessment
Assessment Highlights
VANTAGESCORE 4.0 OUTPERFORMS
VantageScore 4.0 outperforms prior versions of VantageScore models as well as other benchmark credit reporting company (CRC) scoring models within Originations and Account Management overall as well as across all major product categories, including Bankcard, Auto, Mortgage and Personal Installment Loans.
VantageScore 4.0:
% Lift in Performance - Account Management
% Lift in Performance - Account Management
VantageScore 4.0:
% Lift in Performance - Originations
% Lift in Performance - Originations
These tests confirm that regardless of ethnicity, consumers will get equally predictive VantageScore credit scores.
| VantageScore 1.0 AU | VantageScore 2.0 | VantageScore 3.0 | VantageScore 4.0 | |
|---|---|---|---|---|
| African American | Pass | Pass | Pass | Pass |
| Hispanic | Pass | Pass | Pass | Pass |
