Sentences with phrase «trended credit bureau data»

Can scoring trended data, or more accurately, trended credit bureau data, as some credit score companies claim, actually help expand credit access to these consumers?

Some lenders are asking can scoring trended data, or more accurately, trended credit bureau data, as some credit score companies claim, actually help expand credit access to these consumers?

Not exact matches

VantageScore 4.0 takes advantage of «trended credit data» newly available from all three bureaus.

«Experian is the last credit bureau to make trended credit data available and we're happy to be extending it to our customers,» said Greg Holmes, Managing Partner at Creditcredit bureau to make trended credit data available and we're happy to be extending it to our customers,» said Greg Holmes, Managing Partner at Creditcredit data available and we're happy to be extending it to our customers,» said Greg Holmes, Managing Partner at CreditCredit Plus.

The type of data they provided is called customer management which helps the creditor provide new products to their customers without taking on additional risk by providing the creditor with their customer's credit activity and trends, The credit bureaus also provide data to help the creditors acquire new clients.

In its 4.0 version of VantageScore, the company is reacting to the absence of tax lien and civil judgment data by adding «trended data» it gets from all three credit bureaus, as well as adding machine learning technology.

«None of the credit bureau - based risk scoring systems [used by the mortgage industry] consider at this time series / trended data, but if you and I have this conversation next year at the same time, I could almost guarantee you that we would have heard about one of them starting to use it,» said Ulzheimer, whose previous experience includes work at FICO and credit bureau Equifax.

«The industry now has trended credit data whether you want it or not,» said Stan Baldwin, chief operating officer of credit reporting agency Informative Research, a company that provides merged reports from the bureaus to lenders.

The two credit bureaus stopped selling the traditional reports earlier this month, well before the Sept. 24 implementation date that Fannie Mae has set to begin using trended data in its new Desktop Underwriter 10.0.

WASHINGTON — Lenders and credit bureaus are gearing up for Fannie Mae's June 25 launch of its «trended data» initiative, which provides a new data element to its automated underwriting process.

Credit reports now show your credit card bill - paying habits — Credit bureaus add «trended data» to credit reports showing whether you carry a credit card balance, giving card issuers and others a more detailed portrait of your financial habits... (See TrendedCredit reports now show your credit card bill - paying habits — Credit bureaus add «trended data» to credit reports showing whether you carry a credit card balance, giving card issuers and others a more detailed portrait of your financial habits... (See Trendedcredit card bill - paying habits — Credit bureaus add «trended data» to credit reports showing whether you carry a credit card balance, giving card issuers and others a more detailed portrait of your financial habits... (See TrendedCredit bureaus add «trended data» to credit reports showing whether you carry a credit card balance, giving card issuers and others a more detailed portrait of your financial habits... (See Trendetrended data» to credit reports showing whether you carry a credit card balance, giving card issuers and others a more detailed portrait of your financial habits... (See Trendedcredit reports showing whether you carry a credit card balance, giving card issuers and others a more detailed portrait of your financial habits... (See Trendedcredit card balance, giving card issuers and others a more detailed portrait of your financial habits... (See TrendedTrended data)

Trended data: the new way credit bureaus rate you — Lenders now see how you pay your bills, not just whether you pay them... (See Trended data)

While each of the three national credit bureaus currently offer trended credit data in some format, only TransUnion's CreditVision and Equifax's Dimensions trended credit data sets will be required by Fannie Mae in June.

Starting on July 1, all three credit bureaus (TransUnion, Equifax and Experian) will begin using «trended» data culled from credit reports, plus other new factors, like relying less on negative data, to influence how your score is calculated.

Trended credit data, which offers an expanded perspective to lenders evaluating a credit applicant, could be key to opening up mortgage credit accessibility, according to an analysis by Equifax, one of the three major credit reporting bureaus.