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Study: Thick-File Lending Criteria Exclude Eligible Borrowers, Not Risk

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STAMFORD, Conn.--(BUSINESS WIRE)--Steps many lenders took to prevent additional losses after the 2008 recession reduced their pools of potential borrowers without reducing lending risk, according to a study, Maximizing the Credit Universe, from VantageScore Solutions, the company behind the VantageScore credit-scoring model. In the wake of the Great Recession, many financial institutions supplemented score-based quantitative lending criteria with more restrictive qualitative requirements intend

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