Sentences with phrase «deep subprime scores»
Not exact matches
About a third of those with scores between 351 and 500 — considered deep subprime by VantageScore — will see a change in their score.
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«We're seeing an increase in delinquencies across all credit scores, but in deep subprime, the rise is more substantial.
A consumer who has «deep subprime credit» is someone with a credit score equal to 600 or below.
Moreover, Experian reported that in the fourth quarter of 2012, lenders increased auto loans to borrowers identified as deep subprime, with credit scores below 550, by 31 % year over year.
About a third of those with scores between 351 and 500 — considered deep subprime by VantageScore — will see a change in their score.
People with deep subprime credit scores have very limited options when seeking credit.
Everyone on this chart began 2015 with a score below 500 (deep subprime).
We're seeing credit scores that are increasing against control groups, we're saving customers millions of dollars, hundreds of thousands of customers have taken over one million of our financial literacy courses, and, with our growing credit card platform, we're continuing to meet the needs of borrowers with subprime and deep subprime credit scores.
[3] We define deep subprime as VantageScores below 500 and subprime as scores from 500 - 600.
A majority of people who turn to LendUp have subprime, or deep subprime, credit scores [3], as evidenced by our VantageScore distribution graph.