It's maybe the least understood aspect of credit scoring: a 700 score today will represent a totally different risk during the next credit cycle. And as macro-economic issues change, so does the risk that any score represents.

During the pandemic, consumer credit health was positively impacted by various factors such as government stimulus payments, suspended student loan obligations, and resulted in increased personal savings rates. As a result, and logically, scores rose.

The economy is much different now and many consumers have struggled with their debt obligations. The looming resumption of student loan payments further stands to impact credit scores.

Hear from Dr. Rikard Bandebo, Executive Vice President and Chief Product Officer at VantageScore on The SCORE Podcast as he “peels back the onion” on credit scores. Listen in as Dr. Bandebo explains credit scores as measures of a consumer’s relative risk of default, what to expect in the coming months as student loans become due again, and what an estimated 40 million impacted borrowers can do to prepare.