Lender*VP completes annual update of ‘Price You Pay for Credit’ forms

The CU*Answers Lender*VP Forms team completed the annual update for its ‘Price You Pay for Credit’ forms. The graphs and scoring ranges have been updated with the 2017 FICO information received from the credit bureaus for each FICO model supported.

Lender*VP Forms offers two custom loan forms (consumer and real estate versions) to credit unions who use risk-based pricing to satisfy Reg V. With these forms, a “No Score” form will automatically print if a credit score is not available. Thanks to the cooperative resources of the network, these forms are available at prices well below market average.