Credit Score History Analysis

Screen ID:  ICSHST-01
Screen Title: Credit Score History Analysis
Panel ID: 5444
Tool Number: 319
Data Sources:

CRBCSH, MASTER, MSHIST, MSNONMBR, MASTRL

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Access this screen by selecting Tool #319: Credit Score History Dashboard.

Helpful Resources

Create full-color PDFs of the data on the screen – PDF Exports

Learn about downloading data to Excel or a comma-delimited file

Dashboard Tips – Questions to Ask When Comparing a Dashboard with Another Dashboard or Report

Why am I seeing all 9s in fields on this screen? What are the affected tables?

Screen Overview

The Credit Score History dashboard gives you a new opportunity to both create a segment of the population to contact based on credit score history, and to analyze your entire credit report portfolio to see what percentage is improving their scores, worsening, and more.

Upon entering the dashboard, you are given a handful of options to create your list of individuals: credit report date from/to, credit score from/to, change +/- x percent, the pull method (full, soft, manual), the grade/level, and the bureau used. You also have the option to include zero scores or to see only those that were converted into a new loan, those that weren’t, or all.

Besides using this list to export for Member Connect or to view more information on a listed individual, you can dig deeper by pressing Analysis (F11). Once in the Analysis, you will see the selected reports broken down based on their trending (improved, worsened, unchanged, single score), the percentage of the total reports specified, and the average score for each group. You can even see what percentage of the credit reports were converted to loans and the average number of days it took to go from pull to close.

This is an extremely powerful tool with an abundance of uses:

  • Look at all individuals with a credit report pulled in the last 30 days (or longer) to see how those individuals represented break down in terms of improved, worsened, or no change to score.

  • Find individuals whose credit score has improved, but that did not create a new loan.

  • Find individuals whose score has worsened, and who did get a loan.

  • Determine the average number of reports your team is pulling per day.

  • Find out the average number of months between pulls based on the criteria you select.

  • And much more

Using This Screen

The Credit Score History Analysis defaults to show you the last 90 days of credit reports pulled by the credit union - press Enter to see results or use the selection criteria options to narrow your results. Once you have pressed Enter, the system will list credit reports sorted by full SSN/TIN by default. Click on any column heading to sort by that information.

You can click on any record and view an Inquiry on that member, their Outstanding Loan Recap, and Credit History. You can also export your selection for use in Member Connect. This creates an excellent opportunity for marketing campaigns. For example, on a monthly basis, you might pull reports for the last month and choose only to display those between a certain credit score range, whose scores improved since their last report, and that did not result in a new loan. Then follow up with those individuals to see if they're still shopping for a loan.

But beyond simply being a powerful marketing tool, the Credit Score History Analysis can provide an excellent snapshot of your credit report portfolio. Once you've selected your segment of the portfolio to review, select Analysis (F11) to see a statistical break down of that group.

Filter Options

Filter Option

Description

Date Range From - To

Select a range of dates when the reports were run. Defaults to the last 90 days.

Credit Score From - To

Select a range of credit scores to limit results.

Change of +/- ___ %

Enter a plus (+) or minus (-) sign and then enter the whole percent amount change. This will then limit results only to those that experienced a minimum of that percent change between the listed report and previous report ran.

Pull method

Defaults to All. Can select to view only Full, Soft, or Manual pulls.

Grade/level

Select a Paper Grade Level.

Bureau

Select the credit bureau used to pull the report.

 

Action Codes

Action Code

Description

Inquiry

Use this to access the Inquiry screen of the member owning the account. Here you can find details of the member, including email address.

Outstanding Loan Recap

Use this to access the Outstanding Loan Recap for the individual. This option displays all loan accounts the member is tied to, including those for which they are a co-borrower.

Credit History

Use this to view all credit reports pulled for the individual. The Credit Score History screen will list all reports on record.

Graph

This screen lists the last 12 credit scores for the individual and graphs them.

Columns

You can also click on the column header to sort data by that column.

SSN/TIN

Choose this to sort by the full SSN/TIN. The screen will only show display the last four digits.

Name

Choose this to sort alphabetically by the individual's full name. Non-members are marked with an asterisk (*).

Requested

Choose this to sort by the date the credit report was requested.

Loan Date

Choose this to sort by the last loan date on record for the member.

  • NOTE: If the row is highlighted, that indicates that the credit report was converted into a loan. This is determined by looking to see if the credit report is linked to a loan account. If not linked, the system will then look to see if the last loan date is less than or equal to 14 days after the requested date.

# Rpts

Choose this to sort by the number of reports on record for the individual.

Score

Choose this to sort by the credit score.

V

Indicates that it is a VantageScore score.

% Change/# Change

Choose this to sort by percent or value change in credit score between that report and the previous report ran for that individual. % change is rounded to the nearest whole number; use Show % Chg Or # Chg (F5) to toggle to the actual value change to see records that changed, but not by enough to result in a 1% change.

# Mths

Choose this to sort by the number of months between the report and previous report run for that individual.

Level

Choose this to sort by the paper grade/risk level.

Method

Choose this to sort by the pull method used: Full pull, soft pull, and manual.

Bureau

Choose this to sort by the Bureau used to pull the report.

 

Buttons

Button

Description

Show % Chg Or # Chg (F5)

Use this to toggle between the percent of change or amount of change compared to the previous report on file.

Show Cnvt/Non-Cnvt/All (F6)

Use this to toggle between whether displaying all reports, reports converted to loans, or only those that were not converted into new loans. The box in the top right corner of the screen will show totals based on the display mode.

  • NOTE: If the row is highlighted, that indicates that the credit report was converted into a loan. This is determined by looking to see if the credit report is linked to a loan account. If not linked, the system will then look to see if the last loan date is less than or equal to 14 days after the requested date.

Include Zero Scores (F8)

Use this to toggle between including or excluding zero scores from the results. Defaults to not display zero scores.

Export (F9)

Use this to create a file of all the data that fits the filters, including, but not limited to, account base.

Member Connect (F10)

Access the Member Connect Setup screen, the gateway to sending online banking/and or email messages to members, as well as creating mailing labels, statement inserts and telemarketing trackers.

SEE ALSO: Marketing Campaigns with Member Connect

Analysis (F11)

Use this to view an in depth analysis of the selected group of credit reports.