Case Study: Three Top Ten Lenders achieve up to 25% portfolio size growth with TransUnion

Three Top Ten Lenders Achieve Average Portfolio Size Increases Up to 25%

Three top ten lenders were looking to gain more customers while minimizing risk as new competitors entered the credit market. Their existing scoring methods relied only on traditional bureau data, which limited approvals and pushed some borrowers to competitors, so they needed a compliant, fast-to-implement solution with strong ROI from TransUnion.

TransUnion helped the lenders add CreditVision® LinkSM Risk Score, using alternative and trended credit data alongside VantageScore® 3.0. The combined approach improved predictive power by 11% to 35%, identified 22% to 37% of previously declined or unfunded consumers as fundable at lower delinquency rates, and increased portfolio size by an average of 13% to 25%, with a potential ROI of 7 to 10 times the annual investment.