Experian survey shows 33% of consumers would switch mortgage lenders over legacy credit scores

• Experian research flagged rising consumer demand for modern mortgage underwriting that includes rent, utility payments in credit decisions.
• About 33% of consumers would switch mortgage lenders if their lender used legacy scores that exclude rent, utility data.
• Some 52% said broader positive payment history would raise interest in pursuing homeownership, pointing to potential demand uplift.
• Gen Z showed the strongest sensitivity: 76% said a lender’s scoring model would influence whether they stay or switch.
• Experian set VantageScore 4.0 pricing at USD 0.99 for mortgage originations, aiming to reduce adoption costs for newer models.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Experian plc published the original content used to generate this news brief via Business Wire (Ref. ID: 202608180601BIZWIRE_USPR_____20260818_BW067344) on August 18, 2026, and is solely responsible for the information contained therein.