New Report Outlines Growing Migration to VantageScore
Use of VantageScore Expands Credit Safely and Soundly. But How Many Financial Institutions Use It?
Learn how VantageScore® ensures consistency in score outcomes for different race and ethnicity groups
Testing for Statistical Bias:
Learn more with Inclusion360™ Powered by VantageScore®
How many consumers lack conventional credit scores in your district?
Opportunities for Fair Lending
Lenders are able to extend credit safely and soundly to consumers historically underserved by legacy processes with VantageScore models -- which are proven to provide a fair and accurate credit score to 96% of the population.
|Newly scoreable||Scores 620+|
|African American||5.5 Million||1.3 Million|
|Hispanic American||5.2 Million||1.7 Million|
|White||24.2 Million||9.2 Million|
|Asian||1.4 Million||0.6 Million|
|Native American and Pacific Islander||350,000||100,000|
Get Involved -- Events
Breaking the Cycle of Financial Exclusion
VantageScore research shows that in addition to minorities, there is an increased percentage of newly scoreables in:
- Lower income populations
Communities with low homeownership rates
- Communities with limited access to brick-and-mortar banking services
How many consumers lack conventional scores in your home state?
As an industry leader, VantageScore advances innovation and collaborates on public policy to provide much needed reform in credit-score model development. We take time to find common ground to support an agenda that serves consumers, lenders, and the financial market as a whole.
The Big Lockout – #6: The Movement in the Industry
THE SCORE Podcast
THE SCORE landed an interview with one of the most prolific speakers that mortgage industry has! Hear from Faith Swartz, President of Housing Finance Strategies and founder of the #housingDC22 conference.
Faith spoke to THE SCORE podcast about whether a downturn in the economy could impact the important spotlight that currently shines on housing equality.
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