VantageScore Showing Momentum in Market Adoption Results

Congratulations to Barrett Burns, Phil Bracken, Teri Selin, Jeff Richardson, and the rest of the VantageScore team!

As the marketplace for credit scores becomes increasingly competitive, consumers are drawn towards new approaches that don't sacrifice quality or experience. In order to connect with consumer lenders, VantageScore has been blazing a trail into the mortgage market, keeping in mind the high quality innovation that their customers are looking to utilize in an ever-changing industry. Over the past few years, they have been steadily closing the gap in the volume of consumer credit scoring in comparison the industry giant FICO.

VantageScore totaled 12.3 Billion credit scores across consumer loan credit categories in last 12 months compared to 14.5 billion FICO scores. Lenders don’t appear to be tethered to the legacy process of credit scoring as they once were, as evidenced by VantageScore’s 20% growth YOY since 2015.

Read More here