Credit Scores: What’s Behind the Number?

November 4, 2013

A significant opportunity for you and your credit union is the scoring the “unscorables.” These unscorables are the 64 million U.S. consumers who have little or no credit history and are deemed unscorable by most traditional credit score models. You may be surprised who make up this group—many hold professional or skilled-labor jobs and own their own homes.

In this podcast and presentation from the 2013 NAFCU Annual Conference, Barrett Burns provides a comprehensive analysis of credit score models and discusses how your credit union can utilize them for member outreach and education. Learn about population segments that are hardest to target regardless of whether or not they have credit scores, find out what types of data are acceptable when evaluating unscorable consumers, and more.

VantageScore Solutions LLC is the NAFCU Services Preferred Partner for Credit Scoring.

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