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

Vehicle Valuation Price Increase Arriving in October

Vehicle Valuation Price Increase Arriving in October

Attention CU*Answers clients: effective October 1st, 2023, pricing for J.D. Power Vehicle Valuations will be increasing.  The monthly cost will increase from $52.50 per month to $55.00 per month, while valuation costs will increase from $0.21 per valuation to $0.22 per valuation.  These price increases will apply to all clients using the service, including current… Read more »

Aug 11, 2023

Join CU*Answers and SavvyMoney to Learn About Robust Credit Score Solutions that can Help Bolster Customer Relationships!

Join CU*Answers and SavvyMoney to Learn About Robust Credit Score Solutions that can Help Bolster Customer Relationships!

SavvyMoney offers robust credit score solutions that empower you with digital personalization and real-time analytics, which can help you to strengthen and deepen your relationships with customers. If you’re interested in learning more, we invite you to join our upcoming webinar!  Use the button below to register today. Have questions?  Reach out to us at lendervp@cuanswers.com. … Read more »

Aug 9, 2023

Join CU*Answers and SavvyMoney to Learn About Robust Credit Score Solutions that can Help Bolster Customer Relationships!

Join CU*Answers and SavvyMoney to Learn About Robust Credit Score Solutions that can Help Bolster Customer Relationships!

SavvyMoney offers robust credit score solutions that empower you with digital personalization and real-time analytics, which can help you to strengthen and deepen your relationships with customers. If you’re interested in learning more, we invite you to join our upcoming webinar!  Use the button below to register today. Have questions?  Reach out to us at lendervp@cuanswers.com. … Read more »

Jul 27, 2023

Michigan Department of State (MDOS) to Require Electronic Lien Filing Beginning October 1st

Michigan Department of State (MDOS) to Require Electronic Lien Filing Beginning October 1st

Beginning on October, 1st, 2023, all financial institutions in the state of Michigan will be required to file title liens electronically.  There are two ways that credit unions can manage titles electronically: Service Provider (DealerTrack) If your credit union is interested in utilizing DealerTrack, please contact the DHD team at DevelopersHelpDesk@cuanswers.com. E-Services Account (MDOS) If… Read more »

Jul 25, 2023

Here comes the next Collections Roundtable!

Here comes the next Collections Roundtable!

Get Ready for the Next Collections Roundtable! Join us for the FREE Collections Roundtable, an open forum discussion on collections laws, internal procedures, and CU*BASE processes.  Join us for the third session of the 2023 Collections Roundtable Series – for whichever session you’d like, or both! We are once again hosting an in-person version of… Read more »

Jul 25, 2023