Non-financial institution usage likewise grew, up 18% year-over-year from almost 9 billion to more than 10 billion. Research conducted by Charles River Associates found year-over-year growth of VantageScore across both financial and non-financial institutions, including a 46% increase in VantageScore credit score usage among banks, fintechs and other financial institutions, from 6 billion credit scores in 2021 to almost 9 billion in 2022.
VantageScore credit score usage grew among financial institutions, including banks, fintechs, and other market participants by 30% in 2022 to over 19 billion credit scores, according to a new VantageScore report.
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