SAN FRANCISCO, C.A. (News Release) — Late-stage delinquencies increased across all credit tiers led by the VantageScore Superprime and VantageScore Prime segments, according to the latest edition of CreditGauge™ published August 25th by VantageScore . Credit delinquencies over 90 days late were up 109% year-over-year in the VantageScore Superprime segment, while Prime saw a 47% increase year-over-year. The average VantageScore 4.0 credit score dropped by one point to 701 reflecting the decrease in creditworthiness for the average consumer.
Consumers in the highest VantageScore credit tiers are showing increased signs of credit stress on a year-over-year basis,” said Susan Fahy, EVP and Chief Digital Officer at VantageScore. “We’re also seeing a marked divergence in secured versus unsecu