TransUnion Webinar: Trended Credit Data

Date: January 25, 2023

As lenders face an increasingly competitive market, more credit-savvy consumers, and a stronger focus on fair and inclusive lending practices, industry leaders continue to explore how additional data can provide greater consumer insights to approve loans without taking unnecessary risk. 

Traditional credit scores, however, limit lender capabilities, as they are calculated using static, point-in-time credit data. Trended credit scores are built using a time-series view of consumer trade line histories, capturing more detail on consumer payment behaviors. These scores enable lenders to make better-informed decisions, and community lenders have been adopting trended scores rapidly over the past five years. 

As the leader in trended credit data, TransUnion® will cover how trended credit scores are developed, what makes them so powerful, and how community financial institutions are using them to approve more loans, automate more decisions, and identify new opportunities for consumers across the credit spectrum.