Credit Scores

Credit Scores in CU*BASEWe support all three credit bureaus for both FICO and Vantage scoring models in the human readable format. Soft pulls with full details are only supported by Transunion FICO such as what you would use at membership openings. Soft pulls with full details are a one-time pull on a single member.

We also offer a soft pull (batch) service where we update the scores on your entire membership, a specific age rage, or on all accounts with active loans. This is available through Transunion and Experian for both FICO and Vantage. Transunion Vantage scoring models are the only bureau/scoring model that will allow you to post those scores for your members in ItsMe247. All three bureaus for FICO scoring models are available in CU*BASE.
 
 

Vantage Scores – How do they differ from other credit scores?

The Vantage Score uses an identical algorithm at all credit bureaus. In other words, the same member would have the same score from one bureau to the next. This is under the assumption that the same data is present at each bureau.

Want to learn more about Vantage? See the CU*Answers Lender*VP Whitepaper.

Credit Score Soft Pulls

Your members, your parameters, your schedule, hassle free!

Why Are They Important?

Bottom line – credit score soft pulls provide current scores, which improves the effectiveness of your lending practices

  • Credit score soft pulls increase loan sales to your current and future members
  • They grow your loan portfolio without increasing your risk
  • They help evaluate loan portfolio risk

 What do they have to offer?

Analysis of credit scores is easy in CU*BASE

  • Empower your front line staff to offer members the rest rate while also promoting cross sales tasks.
  • They provide more information to lending officers even before they begin to sell the loan to the member

Download the brochure

   

Sign up for a Credit Score Soft Pull (Batch) Today!


Order a Credit Score Soft Pull (Batch)

Credit Score Soft Pulls with Full Details

What is it?

This is the ability to pull a soft credit score on demand for your members but it gives you the added ability to see the full credit report details just as you would if you were underwriting a loan.

The product is available within CU*BASE today with TransUnion.

When would I use this?

  • Account opening
  • Portfolio review
  • Recurring line of credit reviews
   

Sign up for a Credit Score Soft Pull with Full Details Today!


Order a Credit Score Soft Pull with Full Details

Updated
June 3, 2019

Here comes the next Collections Roundtable!

Here comes the next Collections Roundtable!

Pull Up a Chair, the Roundtable is Waiting! Join us for the FREE Collections Roundtable, an open forum discussion on collections laws, internal procedures, and CU*BASE processes.  Join us for the second session of the 2019 Collections Roundtable Series – for whichever session you’d like, or both! Tuesday, May 7 Morning Session: 9:30 AM – 12:00… Read more »

Apr 24, 2019

Here comes the next Collections Roundtable!

Here comes the next Collections Roundtable!

Pull Up a Chair, the Roundtable is Waiting! Join us for the FREE Collections Roundtable, an open forum discussion on collections laws, internal procedures, and CU*BASE processes.  Join us for the first session of the 2019 Collections Roundtable Series – for whichever session you’d like, or both! Monday, February 11 Morning Session: 9:30 AM – 12:00… Read more »

Jan 24, 2019

Looking for an Indirect Lending Solution? We’ve Got You Covered!

Looking for an Indirect Lending Solution?  We’ve Got You Covered!

Looking to build or streamline your credit union’s indirect lending initiatives?  CU*Answers offers multiple resources, to ensure that your credit union is well-positioned when it comes to making a deal! Our own end-to-end indirect lending platform Retailer Direct is the CU*Answers indirect lending platform, and can help your credit union partner with businesses via a… Read more »

Jan 11, 2019

Here comes the next Collections Roundtable!

Here comes the next Collections Roundtable!

Pull Up a Chair, the Roundtable is Waiting! Join us for the FREE Collections Roundtable, an open forum discussion on collections laws, internal procedures, and CU*BASE processes. Join us for the fourth session of the 2018 Collections Roundtable Series, for whichever session you’d like – or both! Wednesday, November 14 Morning Session: 9:30 AM – 12:00… Read more »

Oct 24, 2018