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Trended data

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AndySoCal
Senior Contributor

Trended data

With FICO 10 using the data and also mortage lenders below is a link to article on trended data

The article gives a little insight on what trended data is.

 

https://www.experian.com/blogs/insights/2016/06/what-is-trended-data/ 

 

 

 

 

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2 REPLIES 2
Ceewin
Regular Contributor

Re: Trended data

@AndySoCal 

Thanks for the info!!!  I clicked on the "solutions" link in the article and I found some interesting info.  I think I should add one of these to my profile/signature. Smiley Tongue

 

Powered by Experian Trended Data, Trend View attributes identify the following consumer behaviors:

  • Rate surfer — transfers balances from one credit card to another
  • Revolver — carries a credit card balance from month to month
  • Transactor — pays the entire or majority of credit card balance every month
  • Consolidator — transfers multiple credit card balances to one credit card or consolidation loan
  • Nonactivator — never uses credit card or only uses it once
  • Seasonal user — uses cards at specific times of the year
Message 2 of 3
SDMarik
Established Contributor

Re: Trended data

Pretty cool!

 

From looking in to this, will trended data be used to calculate score in the Fico10 model, or is this just a set of identifiers or tags that people will be branded with when lenders HP them? If so, hope I can see somewhere what I am identified as Smiley Happy.

 

As the other user mentioned, I definatly want to stick one of these in my profile signature!



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