560 credit score auto loan
[PDF File]Consumer Loan Rate Sheet Effective April 01, 2020
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Minimum Credit Score Loan Amount Credit Score Credit Score Credit Score Credit Score 739 to 700 659 to 610 609 to 560 559 or below Add 0.25% for model years 2017 to 2015 Add 1.00% for model years 2014 or older. **An additional 0.50% rate reduction applies if the amount financed is less than
[PDF File]BEACON 09 Auto Industry Option - Equifax | Credit Bureau
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For example, the same credit report could score 710 using the Auto Industry Option and 680 using BEACON 09. An Auto Industry Option score of 710 would indicate the same degree of risk as a 710 produced from the BEACON 09 score. Scores range from 250 to 900 – the higher the score, the lower the potential for serious delinquency. Why It’s More Predictive When you score auto loan performance ...
[PDF File]Quarterly U.S. Consumer Credit Trends
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*Median VantageScore 3.0 Credit Score(VS3): half of newly originated accounts have an associated borrower VS3 that is higher than the median score and half have scores that are equal to or lower than this score. 10th Percentile VS3: 90 percent of newly originated accounts have an associated borrower VS3 that is higher than the 10th percentile score and 10 percent have scores equal to or less ...
[PDF File]FICO Scoring Questions
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» Let’s compare potential score impact for two consumer scenarios: Alex has a FICO® Score of 680 Mary has a FICO® Score of 780 and: and: Has six credit accounts, including several active credit cards, an active auto loan, a mortgage, dtdtl Has ten credit accounts, including several active credit cards, an active auto loan, a mortgage,
[PDF File]Credit Counts . . . Know the Score! - ATSU
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NOT affect your credit score . . . • Self inquiries • Promotional inquiries • Administrative inquiries • Inquiries from prospective employers • When applying for auto/mortgage loans: • Auto/mortgage loan related inquiries in past 30 days [Auto/mortgage loan related inquiries within a 14-day period are treated as single inquiry]
[PDF File]Risk Based Pricing Rule — FICO Auto Score
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475 Anton Boulevard Costa Mesa, CA 92626 www.experian.com Risk Based Pricing Rule — FICO ® Auto Score • FICO® Auto Score, v1 Bar Graph EXF2A-E • FICO® Auto Score, v1 Table, EXF2A-E • FICO® Auto Score, v2 Bar Graph, EXF3A-E • FICO® Auto Score, v2 Table, EXF3A-E • FICO® Auto Score, v3 Bar Graph, EXF4A-E • FICO® Auto Score, v3 Table, EXF4A-E ...
[PDF File]Understanding Co-Borrower Performance
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531-560 500-530 We developed a co-borrower score equivalency matrix for auto loans Lowest co-borrower score t co-ore CreditVision risk score: Subprime = 300-639; Near prime = 640-719; Prime = 720-759; Source: TransUnion consumer credit database Prime plus = 760-799; Super prime = 800+
[PDF File]Quarterly U.S. Consumer Credit Trends
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10th Percentile VS3: 90 percent of newly originated accounts have an associated borrower VS3 that is higher than the 10th percentile score and 10 percent have scores equal to or less than this score. Average Origination Credit Limit for Highest-Risk Decile Accounts: the average credit limit for all newly opened accounts for which the account’s
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