VantageScore today announced the expansion of their groundbreaking VantageScore 4plus pilot program for lenders launched in partnership with Credit Builders Alliance. The pilot leverages the industry leading VantageScore 4.0 credit score with open banking data to deliver the new VantageScore4Plus credit score model.
“Our collaboration gives nonprofit lenders access to modern, high-quality credit scores, equipping them to better serve their communities while maintaining sound lending practices,” said Dara Duguay, CEO of Credit Builders Alliance. “When you add real-time, permissioned data to the credit decisioning process, you not only improve predictive performance-you also create more opportunities for expanding responsible access to credit.”