Driving Inclusion Through Innovation
Performance highlights include a 5.7% predictive improvement for newly issued mortgages, 4.5% predictive improvement for newly issued personal installment loans and 3.8% predictive improvement for existing auto loans.
VantageScore was the first credit scoring model to:
In 2018, Congress enacted the Credit Score Competition Act. This authorized the Federal Housing Finance Agency (FHFA) to rectify the credit score monopoly in the mortgage market by reviewing and implementing newer, more predictive credit scores for use in mortgages.
As a result, VantageScore 4.0 was mandated for use in mortgages by FHFA starting Q4 2025 for its superior predictive power and inclusion of more consumers. VantageScore estimates the use of VantageScore 4.0 will add up to 2.7 million new mortgages, or $1 trillion, to the mortgage market.
VantageScore’s 4.0 model yields an incremental predictive performance life among dormant credit consumers, as well as consumers with limited credit histories. With this technology approximately, 33 million more consumers are able to be scored than previously.
Our newest model outperforms previous models in every major credit category, with significant overall predictive lift and a 5.3% predictive lift in mortgage origination.
With our patented uniform model characteristics, VantageScore scores are more consistent among the three three nationwide consumer reporting agencies, so lenders can be more confident in the validity of the scores.
Our analytics team runs yearly performance tests to ensure the VantageScore model continues to deliver highly predictive and consistent credit scores.
VantageScore models are continually re-developed using refreshed data to reflect the latest credit products and most recent trends in consumer behavior.
VantageScore utilizes an exceptionally wide breadth of consumer credit data that allows the model to retain its predictive power even during times of economic volatility.
Banks, fintechs and other companies use VantageScore credit scores every day to assess consumer creditworthiness.
VantageScore is the fastest growing credit scoring company in the U.S., developing the industry's most innovative, predictive, and inclusive credit score models. More than 3,400 institutions use VantageScore credit scores to provide consumer credit products like credit cards, auto loans, personal loans and mortgages.
Starting in 2025, the FHFA has required VantageScore credit scores to be used for all mortgages sold to, or guaranteed by, Fannie Mae and Freddie Mac. Get started using VantageScore credit scores today - the leader in predictive power and financial inclusion.
largest banks in the United States use VantageScore
VantageScore credit scores used in 2023
yearly increase in 2023 VantageScore usage
Consumers have free access to their VantageScore credit scores
largest financial institutions are active users of VantageScore CreditGauge™
in ABS issuances using VantageScore in 2023
Machine Learning Technology + Trended Credit Data = Score 33 Million More U.S. Consumers
All the Benefits of VantageScore 4.0 + Bank Data = Over 10% Predictive Lift
Quantifying the Relationship between VantageScore Credit Scores and the Relative Risk of Default