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

Join Lender*VP for a Conversation on 1Click Loans!

Join Lender*VP for a Conversation on 1Click Loans!

Join Lender*VP for our upcoming Conversation On 1Click Loans!  Learn from other credit unions in the network what it is that they love about 1Click Loans.  Engage in discussions about what is working and what is not, explore credit union policies and procedures, and so much more! We invite you to bring your own policies… Read more »

Dec 6, 2023

Join Lender*VP for a Conversation on 1Click Loans!

Join Lender*VP for a Conversation on 1Click Loans!

Join Lender*VP for our upcoming Conversation On 1Click Loans!  Learn from other credit unions in the network what it is that they love about 1Click Loans.  Engage in discussions about what is working and what is not, explore credit union policies and procedures, and so much more! We invite you to bring your own policies… Read more »

Nov 29, 2023

Join Lender*VP for a Conversation on 1Click Loans!

Join Lender*VP for a Conversation on 1Click Loans!

Join Lender*VP for our upcoming Conversation On 1Click Loans!  Learn from other credit unions in the network what it is that they love about 1Click Loans.  Engage in discussions about what is working and what is not, explore credit union policies and procedures, and so much more! We invite you to bring your own policies… Read more »

Nov 22, 2023

Join Us for a 1Click Loan Workshop!

Join Us for a 1Click Loan Workshop!

Ready to expand your loan portfolio?  Instead of offering yesterday’s member generated applications, you can offer pre-approved, guaranteed loan accounts to targeted members via It’s Me 247 desktop and mobile banking!  No application, no credit pull, and no underwriting.  Members are identified based on credit union defined criteria.  Acceptance of the offer is member-driven and… Read more »

Nov 21, 2023

Join Lender*VP for a Conversation on 1Click Loans!

Join Lender*VP for a Conversation on 1Click Loans!

Join Lender*VP for our upcoming Conversation On 1Click Loans!  Learn from other credit unions in the network what it is that they love about 1Click Loans.  Engage in discussions about what is working and what is not, explore credit union policies and procedures, and so much more! We invite you to bring your own policies… Read more »

Nov 17, 2023

Join Us for a 1Click Loan Workshop!

Join Us for a 1Click Loan Workshop!

Ready to expand your loan portfolio?  Instead of offering yesterday’s member generated applications, you can offer pre-approved, guaranteed loan accounts to targeted members via It’s Me 247 desktop and mobile banking!  No application, no credit pull, and no underwriting.  Members are identified based on credit union defined criteria.  Acceptance of the offer is member-driven and… Read more »

Nov 16, 2023

Recommendations from Lender*VP – Document Retention for Denied Applications

Recommendations from Lender*VP – Document Retention for Denied Applications

What is your credit union’s current retention plan for documents relating to denied applications?  Lender*VP has recommendations for your credit union, as detailed below. Lender*VP recommends that any/all relevant documentation and information that is used to deny loan applications should be saved by your credit union for a period of at least 25 months.  Relevant… Read more »

Nov 9, 2023

Join Us for a 1Click Loan Workshop!

Join Us for a 1Click Loan Workshop!

Ready to expand your loan portfolio?  Instead of offering yesterday’s member generated applications, you can offer pre-approved, guaranteed loan accounts to targeted members via It’s Me 247 desktop and mobile banking!  No application, no credit pull, and no underwriting.  Members are identified based on credit union defined criteria.  Acceptance of the offer is member-driven and… Read more »

Nov 8, 2023