VS4.0 is loco!

LaHossBoss wrote: ↑Thu Jun 10, 2021 2:25 am So, yeah, my SO *finally* had the last of his rehabbed SLs report bringing his AAoA way up, but causing him to have an additional 4 AWB. Apparently VS4.0 did not like this *at all*! EX VS4.0 666 > 584 (-82) What is going on here!? This even includes SO's Dell account going from 89% to 49% util, which really has my head spinning! I know we care little about VS, but it worth starting to at least take a look at because I have been seeing more banks utilize VS 3.0 and 4.0 in at least part of their decision (Sync, as we know exclusively seems to use 4.0 for decisions).

LaHossBoss wrote: ↑Thu Jun 10, 2021 3:16 am Ok, so 4.0 uses trended data? So then they are saying balances suddenly increased sharply and caused score to plummet? 3.0 did not have a sharp downturn, it went up a little bit instead. Going from 69%-48% util on the one card gave +2pt lol But 4.0, just dropped like a sack of bricks when the new loans posted, AAoA went up, and util went down on the one high util revolver. I guess I would have thought that would be trending down, but it may look like trending up, instead?

BrutalBodyShots wrote: ↑Fri Jun 11, 2021 11:58 am My VS4 score fluctuations 5 points up and down and I've never been able to determine why. It's always exactly 5 points too, never in between. I've seen it happen a handful of times at this point since Synchrony has been providing that score. I think there's definitely more that goes into the VS4 score than VS3, as with VS3 I'm usually somewhat able to come up with a reason "why" a change happens.

Cassie wrote: ↑Fri Jun 11, 2021 5:59 pm

BrutalBodyShots wrote: ↑Fri Jun 11, 2021 11:58 am My VS4 score fluctuations 5 points up and down and I've never been able to determine why. It's always exactly 5 points too, never in between. I've seen it happen a handful of times at this point since Synchrony has been providing that score. I think there's definitely more that goes into the VS4 score than VS3, as with VS3 I'm usually somewhat able to come up with a reason "why" a change happens.

They're watching you more closely because you're Superprime. I had not seen this before, about Prime and Superprime consumers: Trended Credit Data: VantageScore 4.0 is the first and only credit scoring model to incorporate this newly available information. Trended credit data reflects changes in credit behaviors over time, versus relying on static, individual credit-history records. We leverage trended credit data to gain deeper insight into borrowing and payment patterns, particularly among consumers in the Prime and Superprime credit-score bands. That's from What Data Does VantageScore Use? (It's about 4.0 and written for consumers to read.)

Cassie wrote: ↑Fri Jun 11, 2021 5:59 pm

BrutalBodyShots wrote: ↑Fri Jun 11, 2021 11:58 am My VS4 score fluctuations 5 points up and down and I've never been able to determine why. It's always exactly 5 points too, never in between. I've seen it happen a handful of times at this point since Synchrony has been providing that score. I think there's definitely more that goes into the VS4 score than VS3, as with VS3 I'm usually somewhat able to come up with a reason "why" a change happens.

They're watching you more closely because you're Superprime. I had not seen this before, about Prime and Superprime consumers: Trended Credit Data: VantageScore 4.0 is the first and only credit scoring model to incorporate this newly available information. Trended credit data reflects changes in credit behaviors over time, versus relying on static, individual credit-history records. We leverage trended credit data to gain deeper insight into borrowing and payment patterns, particularly among consumers in the Prime and Superprime credit-score bands. That's from What Data Does VantageScore Use? (It's about 4.0 and written for consumers to read.)