They discuss the causes of negative equity — smaller down - payments and falling home prices — along with the effect on current and
future delinquency rates.
The lender also does not pull a copy of a consumer report or view your credit score — which draws from historical behavior to
forecast future delinquencies.
One barometer of
what future delinquency rates will look like is the credit quality of the people getting student loans today, he says.
Versus FICO — the two results are often very close because the model objectives (Vantage and FICO) are the same:
future delinquencies on any account.
These mathematical equations (scores) help lenders project the probability of
future delinquencies and losses on a new borrowing account.
Although you were excused from the fee and won't have a «late» notation on your credit report, the bank may not be so forgiving of
future delinquencies.
Assessing Risk of
Future Delinquency Among Children Receiving Child Protection Services (PDF - 527 KB) Bogie, Johnson, Ereth, & Scharenbroch (2011) Describes a study conducted by the Children's Research Center to identify risk factors for subsequent delinquency of children with open child protective services (CPS) cases and to construct a screening assessment that classifies children with open CPS cases by the likelihood of future delinquency.