VantageScore President and CEO Silvio Tavares spoke with Yahoo! Finance to discuss the latest insights on consumer credit analytics from VantageScore’s monthly CreditGauge report.
"Consumers are moving from standing on the sidelines to actually increasing their credit utilization, especially in auto loans, to get ahead of the tariff pricing they expect later in the year."
VantageScore’s April 2025 CreditGauge reports that the anticipated impact of tariffs pushed consumers toward big-ticket items in April, but overall borrowing levels also show them becoming more discerning in light of political developments, as highlighted in a recent National Mortgage News article.
The Community Home Lenders of America (CHLA) are calling on the Federal Housing Finance Agency (FHFA) to find ways to quicken the implementation of VantageScore in the federal mortgage market, as highlighted in recent articles by HousingWire and Scotsman Guide.
