Experian Connect API Now Supports VantageScore® 4.0 to Help More Renters Qualify for Housing
EXPERIAN PLC S/ADR (EXPGY)
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Source: Business Wire
Update brings modern credit scoring to rental screening, helping improve access and consistency across the housing journey COSTA MESA, Calif.--(BUSINESS WIRE)--Experian®, a global data and technology company, today announced that it has enhanced its Experian ConnectSM API platform to offer VantageScore® 4.01 for use in rental screening. This addition will enable consumers, property managers, landlords, and rental screening providers to leverage a more modern credit scoring model when evaluating prospective renters. Zillow is among the platforms now leveraging VantageScore 4.0 through Experian’s Connect API platform to support rental screening.The enhancement follows the Federal Housing Finance Agency’s (FHFA) recent approval of VantageScore 4.0 for use in mortgage decisions, a move aimed at modernizing mortgage credit evaluation and increasing access to homeownership. Making the same scoring model available in rental screening helps create greater consistency across the housing jou
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