VantageScore, Experian's most recently developed credit scoring model, provides lenders with a "more refined segmentation" of the subprime consumer segment than other models, according to the Costa Mesa, Calif.-based provider of information services.Many credit scoring methodologies group subprime consumers into one category, Experian said, but VantageScore allows lenders "to identify pockets of relatively low-risk consumers" within that category. A recent Experian study found that 20% of subprime consumers could be reclassified into lower-risk categories by using VantageScore, the company said. "By providing a more holistic view and a finer definition of the data in the credit profile, VantageScore allows credit grantors to make more precise and predictive lending decisions," said Kerry Williams, group president of credit services and decision analytics at Experian. VantageScore was jointly developed by Experian, Equifax, and TransUnion. Experian can be found online at http://www.experian.com.

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