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Finance and Economics Discussion Series: Data for paper 2010-58 ♣

Does Credit Scoring Produce a Disparate Impact?

Robert B. Avery, Kenneth P. Brevoort, and Glenn B. Canner

Figure 1 Panel (a): Correlations with Credit Performance and Demographics for the 312 Credit Characteristics

Correlation with Demographic Characteristic, Black Correlation with Credit Performance Credit Characteristic Group Number Credit Characteristic Group Definition
0.1092 0.4398 5 Payment history
0.0940 0.3991 5 Payment history
0.0900 0.4182 5 Payment history
0.0849 0.4309 5 Payment history
0.0812 0.3070 4 Amounts owed
0.0685 0.2610 4 Amounts owed
0.0674 0.1834 3 Credit history length
0.0671 0.1794 2 New credit
0.0668 0.2493 4 Amounts owed
0.0659 0.3692 5 Payment history
0.0651 0.2596 4 Amounts owed
0.0644 0.2486 4 Amounts owed
0.0637 0.2995 5 Payment history
0.0571 0.1779 1 Types of credit
0.0565 0.2672 5 Payment history
0.0558 0.2885 5 Payment history
0.0557 0.2526 5 Payment history
0.0550 0.1868 4 Amounts owed
0.0550 0.1690 4 Amounts owed
0.0534 0.2069 4 Amounts owed
0.0501 0.1335 2 New credit
0.0482 0.2951 5 Payment history
0.0479 0.1398 4 Amounts owed
0.0412 0.1982 5 Payment history
0.0392 0.1038 3 Credit history length
0.0381 0.2614 5 Payment history
0.0368 0.1074 3 Credit history length
0.0351 0.1117 4 Amounts owed
0.0351 0.1275 4 Amounts owed
0.0347 0.1271 4 Amounts owed
0.0331 0.1053 5 Payment history
0.0330 0.2336 5 Payment history
0.0325 0.2060 5 Payment history
0.0319 0.1022 2 New credit
0.0317 0.1019 2 New credit
0.0315 0.1015 2 New credit
0.0312 0.1010 2 New credit
0.0311 0.1009 2 New credit
0.0309 0.2613 5 Payment history
0.0293 0.0876 5 Payment history
0.0286 0.2126 5 Payment history
0.0281 0.0954 5 Payment history
0.0278 0.1848 5 Payment history
0.0272 0.0823 5 Payment history
0.0272 0.0829 5 Payment history
0.0270 0.1046 4 Amounts owed
0.0270 0.0896 3 Credit history length
0.0270 0.2438 5 Payment history
0.0269 0.0873 5 Payment history
0.0269 0.0869 5 Payment history
0.0268 0.0718 5 Payment history
0.0266 0.1224 5 Payment history
0.0265 0.0863 5 Payment history
0.0264 0.0828 1 Types of credit
0.0257 0.0848 5 Payment history
0.0254 0.0849 5 Payment history
0.0249 0.1614 5 Payment history
0.0248 0.0858 5 Payment history
0.0242 0.0867 5 Payment history
0.0240 0.0791 1 Types of credit
0.0239 0.0788 1 Types of credit
0.0238 0.1898 5 Payment history
0.0238 0.0567 5 Payment history
0.0237 0.0776 1 Types of credit
0.0236 0.0783 1 Types of credit
0.0235 0.0765 1 Types of credit
0.0232 0.0661 1 Types of credit
0.0231 0.0658 1 Types of credit
0.0230 0.1619 5 Payment history
0.0229 0.0653 1 Types of credit
0.0228 0.0651 1 Types of credit
0.0228 0.2240 5 Payment history
0.0225 0.0639 1 Types of credit
0.0225 0.0757 4 Amounts owed
0.0224 0.0712 4 Amounts owed
0.0223 0.0758 4 Amounts owed
0.0221 0.0488 5 Payment history
0.0213 0.1291 5 Payment history
0.0210 0.0443 5 Payment history
0.0210 0.0615 5 Payment history
0.0208 0.0611 1 Types of credit
0.0205 0.0626 4 Amounts owed
0.0199 0.0584 1 Types of credit
0.0197 0.1040 5 Payment history
0.0197 0.0581 1 Types of credit
0.0184 0.0284 1 Types of credit
0.0183 0.0558 1 Types of credit
0.0182 0.0557 1 Types of credit
0.0182 0.0688 3 Credit history length
0.0180 0.0554 1 Types of credit
0.0179 0.1600 5 Payment history
0.0176 0.1964 5 Payment history
0.0173 0.1353 5 Payment history
0.0162 0.0493 3 Credit history length
0.0162 0.0249 1 Types of credit
0.0162 0.0330 2 New credit
0.0160 0.0066 3 Credit history length
0.0153 0.0366 3 Credit history length
0.0149 0.0544 5 Payment history
0.0148 0.1487 5 Payment history
0.0143 0.1675 5 Payment history
0.0143 0.1115 5 Payment history
0.0143 0.1321 5 Payment history
0.0139 0.1382 5 Payment history
0.0139 0.1159 5 Payment history
0.0134 0.0863 5 Payment history
0.0133 0.0280 2 New credit
0.0129 0.0296 1 Types of credit
0.0128 0.0542 4 Amounts owed
0.0126 0.0192 1 Types of credit
0.0125 0.0349 4 Amounts owed
0.0122 0.0482 5 Payment history
0.0121 0.0321 3 Credit history length
0.0118 0.0739 2 New credit
0.0117 0.1252 5 Payment history
0.0116 0.0624 4 Amounts owed
0.0114 0.0427 1 Types of credit
0.0111 0.0423 1 Types of credit
0.0110 0.0421 1 Types of credit
0.0108 0.0414 1 Types of credit
0.0108 0.0413 1 Types of credit
0.0103 0.0218 2 New credit
0.0102 0.0475 4 Amounts owed
0.0101 0.0199 1 Types of credit
0.0098 0.0120 1 Types of credit
0.0098 0.0013 1 Types of credit
0.0098 0.0185 4 Amounts owed
0.0096 0.0117 1 Types of credit
0.0096 0.0117 5 Payment history
0.0093 0.0534 5 Payment history
0.0093 0.0273 2 New credit
0.0092 0.0378 1 Types of credit
0.0091 0.0376 1 Types of credit
0.0090 0.0375 1 Types of credit
0.0089 0.0544 2 New credit
0.0089 0.0365 1 Types of credit
0.0088 0.0365 1 Types of credit
0.0085 0.0239 4 Amounts owed
0.0079 0.0231 3 Credit history length
0.0078 0.0195 3 Credit history length
0.0077 0.0230 4 Amounts owed
0.0077 0.0282 1 Types of credit
0.0077 0.0561 5 Payment history
0.0076 0.0235 2 New credit
0.0076 0.0381 1 Types of credit
0.0074 0.0496 2 New credit
0.0070 0.0258 5 Payment history
0.0067 0.0618 5 Payment history
0.0060 0.0195 3 Credit history length
0.0059 0.0142 4 Amounts owed
0.0057 0.0045 5 Payment history
0.0057 0.0187 2 New credit
0.0056 0.0308 1 Types of credit
0.0056 0.0157 4 Amounts owed
0.0056 0.0177 1 Types of credit
0.0055 0.0349 5 Payment history
0.0055 0.0780 5 Payment history
0.0055 0.0170 4 Amounts owed
0.0052 0.0202 1 Types of credit
0.0052 0.0852 5 Payment history
0.0051 0.0784 5 Payment history
0.0051 0.0148 4 Amounts owed
0.0051 0.0265 2 New credit
0.0050 0.0751 5 Payment history
0.0050 0.0407 5 Payment history
0.0048 0.0138 4 Amounts owed
0.0047 0.0229 2 New credit
0.0047 0.0081 3 Credit history length
0.0045 0.0511 5 Payment history
0.0045 0.0345 2 New credit
0.0044 0.0021 2 New credit
0.0043 0.0198 2 New credit
0.0042 0.0482 5 Payment history
0.0041 0.0448 5 Payment history
0.0041 0.0181 5 Payment history
0.0041 0.0195 5 Payment history
0.0040 0.0848 5 Payment history
0.0040 0.0290 2 New credit
0.0039 0.0845 5 Payment history
0.0038 0.0816 5 Payment history
0.0038 0.0775 5 Payment history
0.0038 0.0322 5 Payment history
0.0038 0.0454 5 Payment history
0.0038 0.0288 5 Payment history
0.0037 0.0592 5 Payment history
0.0037 0.0064 5 Payment history
0.0036 0.0024 2 New credit
0.0035 0.0099 1 Types of credit
0.0035 0.0023 1 Types of credit
0.0034 0.0342 5 Payment history
0.0034 0.0760 5 Payment history
0.0034 0.0147 4 Amounts owed
0.0033 0.0589 5 Payment history
0.0033 0.0111 2 New credit
0.0031 0.0196 4 Amounts owed
0.0031 0.0334 5 Payment history
0.0031 0.0056 4 Amounts owed
0.0031 0.0046 4 Amounts owed
0.0031 0.0152 2 New credit
0.0030 0.0055 2 New credit
0.0030 0.0183 1 Types of credit
0.0030 0.0103 2 New credit
0.0030 0.0114 2 New credit
0.0030 0.0119 2 New credit
0.0029 0.0071 4 Amounts owed
0.0029 0.0107 2 New credit
0.0029 0.0034 2 New credit
0.0028 0.0069 2 New credit
0.0028 0.0129 2 New credit
0.0028 0.0050 4 Amounts owed
0.0028 0.0388 5 Payment history
0.0028 0.0023 2 New credit
0.0027 0.0084 4 Amounts owed
0.0027 0.0053 4 Amounts owed
0.0026 0.0205 5 Payment history
0.0025 0.0452 5 Payment history
0.0025 0.0046 2 New credit
0.0023 0.0024 2 New credit
0.0022 0.0100 2 New credit
0.0022 0.0349 5 Payment history
0.0022 0.0099 2 New credit
0.0022 0.0012 2 New credit
0.0021 0.0085 2 New credit
0.0021 0.0297 5 Payment history
0.0021 0.0022 4 Amounts owed
0.0020 0.0051 2 New credit
0.0020 0.0096 2 New credit
0.0020 0.0135 4 Amounts owed
0.0020 0.0025 4 Amounts owed
0.0019 0.0294 5 Payment history
0.0019 0.0066 2 New credit
0.0019 0.0056 2 New credit
0.0017 0.0018 2 New credit
0.0017 0.0046 5 Payment history
0.0017 0.0046 4 Amounts owed
0.0017 0.0118 5 Payment history
0.0016 0.0038 3 Credit history length
0.0015 0.0223 5 Payment history
0.0015 0.0036 2 New credit
0.0015 0.0250 5 Payment history
0.0015 0.0221 4 Amounts owed
0.0015 0.0041 1 Types of credit
0.0015 0.0041 1 Types of credit
0.0015 0.0041 1 Types of credit
0.0014 0.0039 1 Types of credit
0.0014 0.0056 1 Types of credit
0.0014 0.0039 1 Types of credit
0.0014 0.0054 2 New credit
0.0013 0.0097 5 Payment history
0.0013 0.0049 4 Amounts owed
0.0013 0.0004 2 New credit
0.0013 0.0060 2 New credit
0.0013 0.0039 4 Amounts owed
0.0012 0.0043 4 Amounts owed
0.0012 0.0076 5 Payment history
0.0011 0.0033 4 Amounts owed
0.0011 0.0039 2 New credit
0.0011 0.0050 2 New credit
0.0011 0.0032 5 Payment history
0.0010 0.0063 5 Payment history
0.0010 0.0035 4 Amounts owed
0.0010 0.0075 2 New credit
0.0009 0.0026 4 Amounts owed
0.0009 0.0011 2 New credit
0.0008 0.0079 1 Types of credit
0.0008 0.0048 2 New credit
0.0008 0.0074 1 Types of credit
0.0008 0.0076 1 Types of credit
0.0007 0.0039 2 New credit
0.0007 0.0089 2 New credit
0.0007 0.0003 4 Amounts owed
0.0007 0.0070 5 Payment history
0.0007 0.0014 1 Types of credit
0.0007 0.0070 2 New credit
0.0006 0.0100 5 Payment history
0.0006 0.0051 5 Payment history
0.0006 0.0027 2 New credit
0.0006 0.0059 5 Payment history
0.0006 0.0045 5 Payment history
0.0005 0.0030 2 New credit
0.0005 0.0031 2 New credit
0.0005 0.0002 4 Amounts owed
0.0005 0.0123 2 New credit
0.0004 0.0052 5 Payment history
0.0003 0.0042 2 New credit
0.0003 0.0001 4 Amounts owed
0.0002 0.0024 2 New credit
0.0002 0.0065 1 Types of credit
0.0002 0.0004 5 Payment history
0.0001 0.0019 2 New credit
0.0001 0.0006 2 New credit
0.0001 0.0056 1 Types of credit
0.0001 0.0000 4 Amounts owed
0.0001 0.0005 2 New credit
0.0001 0.0020 5 Payment history
0.0001 0.0003 2 New credit
0.0001 0.0001 4 Amounts owed
0.0000 0.0000 4 Amounts owed
0.0000 0.0000 1 Types of credit
0.0000 0.0001 2 New credit
0.0000 0.0002 1 Types of credit
0.0000 0.0000 2 New credit
0.0000 0.0007 2 New credit
0.0000 0.0002 5 Payment history
0.0000 0.0000 1 Types of credit
0.0000 0.0005 4 Amounts owed
0.0000 0.0001 2 New credit
0.0000 0.0000 4 Amounts owed
0.0000 0.0000 5 Payment history
0.0000 0.0000 5 Payment history
0.0000 0.0000 5 Payment history
0.0000 0.0000 5 Payment history
Return to Figure 1

Figure 1 Panel (b): Correlations with Credit Performance and Demographics for the 312 Credit Characteristics

Correlation with Demographic Characteristic, Hispanic Correlation with Credit Performance Credit Characteristic Group Number Credit Characteristic Group Definition
0.0309 0.1834 3 Credit history length
0.0293 0.1794 2 New credit
0.0288 0.0896 3 Credit history length
0.0287 0.1038 3 Credit history length
0.0283 0.1074 3 Credit history length
0.0266 0.0321 3 Credit history length
0.0227 0.1868 4 Amounts owed
0.0201 0.0688 3 Credit history length
0.0180 0.3991 5 Payment history
0.0176 0.4398 5 Payment history
0.0170 0.4309 5 Payment history
0.0166 0.4182 5 Payment history
0.0158 0.2493 4 Amounts owed
0.0157 0.2610 4 Amounts owed
0.0151 0.3692 5 Payment history
0.0148 0.1779 1 Types of credit
0.0148 0.3070 4 Amounts owed
0.0141 0.2486 4 Amounts owed
0.0136 0.1053 5 Payment history
0.0130 0.2596 4 Amounts owed
0.0128 0.1022 2 New credit
0.0126 0.1019 2 New credit
0.0125 0.1015 2 New credit
0.0124 0.1010 2 New credit
0.0124 0.1117 4 Amounts owed
0.0123 0.1009 2 New credit
0.0123 0.1335 2 New credit
0.0123 0.0066 3 Credit history length
0.0112 0.0493 3 Credit history length
0.0095 0.0718 5 Payment history
0.0094 0.1275 4 Amounts owed
0.0094 0.1398 4 Amounts owed
0.0092 0.0712 4 Amounts owed
0.0091 0.1271 4 Amounts owed
0.0091 0.2069 4 Amounts owed
0.0085 0.0626 4 Amounts owed
0.0085 0.0567 5 Payment history
0.0082 0.0013 1 Types of credit
0.0081 0.0488 5 Payment history
0.0079 0.0443 5 Payment history
0.0078 0.1291 5 Payment history
0.0077 0.1690 4 Amounts owed
0.0076 0.2885 5 Payment history
0.0075 0.0284 1 Types of credit
0.0074 0.2672 5 Payment history
0.0074 0.0858 5 Payment history
0.0073 0.2526 5 Payment history
0.0070 0.2951 5 Payment history
0.0070 0.0876 5 Payment history
0.0068 0.0366 3 Credit history length
0.0067 0.0849 5 Payment history
0.0065 0.2614 5 Payment history
0.0063 0.2613 5 Payment history
0.0061 0.0249 1 Types of credit
0.0061 0.0848 5 Payment history
0.0059 0.2438 5 Payment history
0.0059 0.0823 5 Payment history
0.0058 0.2995 5 Payment history
0.0058 0.2336 5 Payment history
0.0058 0.0829 5 Payment history
0.0055 0.2060 5 Payment history
0.0055 0.0863 5 Payment history
0.0054 0.2126 5 Payment history
0.0054 0.0117 1 Types of credit
0.0054 0.0117 5 Payment history
0.0053 0.0739 2 New credit
0.0053 0.0120 1 Types of credit
0.0053 0.0869 5 Payment history
0.0052 0.0330 2 New credit
0.0052 0.1982 5 Payment history
0.0052 0.2240 5 Payment history
0.0051 0.1848 5 Payment history
0.0051 0.0873 5 Payment history
0.0050 0.0954 5 Payment history
0.0047 0.1898 5 Payment history
0.0047 0.0195 3 Credit history length
0.0046 0.0496 2 New credit
0.0046 0.0828 1 Types of credit
0.0046 0.0296 1 Types of credit
0.0045 0.0192 1 Types of credit
0.0044 0.1619 5 Payment history
0.0043 0.0611 1 Types of credit
0.0042 0.0661 1 Types of credit
0.0042 0.1964 5 Payment history
0.0042 0.0658 1 Types of credit
0.0042 0.0651 1 Types of credit
0.0042 0.0653 1 Types of credit
0.0040 0.0639 1 Types of credit
0.0038 0.1600 5 Payment history
0.0037 0.1675 5 Payment history
0.0037 0.0624 4 Amounts owed
0.0037 0.0542 4 Amounts owed
0.0037 0.0129 2 New credit
0.0037 0.0152 2 New credit
0.0036 0.0381 1 Types of credit
0.0036 0.1487 5 Payment history
0.0036 0.1353 5 Payment history
0.0035 0.1321 5 Payment history
0.0034 0.1046 4 Amounts owed
0.0033 0.1115 5 Payment history
0.0033 0.0349 4 Amounts owed
0.0032 0.0791 1 Types of credit
0.0032 0.1224 5 Payment history
0.0031 0.0099 2 New credit
0.0031 0.0788 1 Types of credit
0.0031 0.0229 2 New credit
0.0030 0.0558 1 Types of credit
0.0030 0.0783 1 Types of credit
0.0030 0.0273 2 New credit
0.0030 0.0280 2 New credit
0.0030 0.0765 1 Types of credit
0.0030 0.0265 2 New credit
0.0030 0.0557 1 Types of credit
0.0029 0.0198 2 New credit
0.0029 0.0776 1 Types of credit
0.0029 0.0584 1 Types of credit
0.0029 0.0345 2 New credit
0.0029 0.0554 1 Types of credit
0.0029 0.0867 5 Payment history
0.0029 0.0581 1 Types of credit
0.0028 0.0475 4 Amounts owed
0.0027 0.0000 1 Types of credit
0.0027 0.0001 4 Amounts owed
0.0027 0.1614 5 Payment history
0.0027 0.0615 5 Payment history
0.0026 0.0045 5 Payment history
0.0026 0.0235 2 New credit
0.0026 0.0290 2 New credit
0.0025 0.0218 2 New credit
0.0025 0.0544 2 New credit
0.0024 0.0308 1 Types of credit
0.0024 0.0758 4 Amounts owed
0.0022 0.0081 3 Credit history length
0.0021 0.0757 4 Amounts owed
0.0021 0.0054 2 New credit
0.0020 0.0063 5 Payment history
0.0020 0.0187 2 New credit
0.0020 0.0031 2 New credit
0.0019 0.0075 2 New credit
0.0018 0.0183 1 Types of credit
0.0018 0.0099 1 Types of credit
0.0017 0.0021 2 New credit
0.0017 0.1159 5 Payment history
0.0017 0.0230 4 Amounts owed
0.0017 0.0618 5 Payment history
0.0017 0.0096 2 New credit
0.0016 0.0816 5 Payment history
0.0016 0.0775 5 Payment history
0.0015 0.0231 3 Credit history length
0.0015 0.0239 4 Amounts owed
0.0015 0.1382 5 Payment history
0.0015 0.0845 5 Payment history
0.0015 0.0199 1 Types of credit
0.0015 0.0221 4 Amounts owed
0.0015 0.0780 5 Payment history
0.0015 0.0071 4 Amounts owed
0.0014 0.0056 4 Amounts owed
0.0014 0.0185 4 Amounts owed
0.0014 0.0024 2 New credit
0.0014 0.0050 4 Amounts owed
0.0014 0.0053 4 Amounts owed
0.0013 0.0848 5 Payment history
0.0013 0.0863 5 Payment history
0.0013 0.0258 5 Payment history
0.0013 0.0022 4 Amounts owed
0.0013 0.0561 5 Payment history
0.0012 0.0852 5 Payment history
0.0012 0.0784 5 Payment history
0.0012 0.0482 5 Payment history
0.0012 0.0111 2 New credit
0.0012 0.1252 5 Payment history
0.0012 0.0196 4 Amounts owed
0.0011 0.0142 4 Amounts owed
0.0011 0.0023 2 New credit
0.0011 0.0751 5 Payment history
0.0011 0.0282 1 Types of credit
0.0011 0.0170 4 Amounts owed
0.0011 0.0760 5 Payment history
0.0010 0.0027 2 New credit
0.0010 0.0195 3 Credit history length
0.0010 0.0123 2 New credit
0.0010 0.0177 1 Types of credit
0.0010 0.0544 5 Payment history
0.0009 0.0025 4 Amounts owed
0.0009 0.0592 5 Payment history
0.0009 0.0033 4 Amounts owed
0.0009 0.0002 1 Types of credit
0.0008 0.0026 4 Amounts owed
0.0008 0.0452 5 Payment history
0.0008 0.0589 5 Payment history
0.0007 0.0048 2 New credit
0.0007 0.0349 5 Payment history
0.0007 0.0157 4 Amounts owed
0.0007 0.0181 5 Payment history
0.0007 0.0066 2 New credit
0.0007 0.0070 2 New credit
0.0007 0.0454 5 Payment history
0.0007 0.0407 5 Payment history
0.0007 0.0511 5 Payment history
0.0007 0.0482 5 Payment history
0.0007 0.0148 4 Amounts owed
0.0007 0.0448 5 Payment history
0.0007 0.0038 3 Credit history length
0.0006 0.0018 2 New credit
0.0006 0.0089 2 New credit
0.0006 0.0042 2 New credit
0.0006 0.0138 4 Amounts owed
0.0005 0.0036 2 New credit
0.0005 0.0349 5 Payment history
0.0005 0.0019 2 New credit
0.0005 0.0084 4 Amounts owed
0.0005 0.0003 4 Amounts owed
0.0005 0.0045 5 Payment history
0.0005 0.0427 1 Types of credit
0.0005 0.0011 2 New credit
0.0005 0.0388 5 Payment history
0.0005 0.0378 1 Types of credit
0.0004 0.0002 4 Amounts owed
0.0004 0.0024 2 New credit
0.0004 0.0294 5 Payment history
0.0004 0.1040 5 Payment history
0.0004 0.0423 1 Types of credit
0.0004 0.0376 1 Types of credit
0.0004 0.0334 5 Payment history
0.0004 0.0195 5 Payment history
0.0004 0.0421 1 Types of credit
0.0004 0.0342 5 Payment history
0.0003 0.0039 4 Amounts owed
0.0003 0.0375 1 Types of credit
0.0003 0.0414 1 Types of credit
0.0003 0.0004 2 New credit
0.0003 0.0413 1 Types of credit
0.0003 0.0046 4 Amounts owed
0.0003 0.0365 1 Types of credit
0.0003 0.0365 1 Types of credit
0.0003 0.0322 5 Payment history
0.0003 0.0103 2 New credit
0.0003 0.0012 2 New credit
0.0003 0.0043 4 Amounts owed
0.0003 0.0297 5 Payment history
0.0002 0.0064 5 Payment history
0.0002 0.0052 5 Payment history
0.0002 0.0250 5 Payment history
0.0002 0.0107 2 New credit
0.0002 0.0014 1 Types of credit
0.0002 0.0097 5 Payment history
0.0002 0.0223 5 Payment history
0.0002 0.0007 2 New credit
0.0002 0.0114 2 New credit
0.0002 0.0034 2 New credit
0.0002 0.0119 2 New credit
0.0002 0.0205 5 Payment history
0.0001 0.0046 4 Amounts owed
0.0001 0.0202 1 Types of credit
0.0001 0.0046 5 Payment history
0.0001 0.0135 4 Amounts owed
0.0001 0.0085 2 New credit
0.0001 0.0041 1 Types of credit
0.0001 0.0041 1 Types of credit
0.0001 0.0024 2 New credit
0.0001 0.0100 5 Payment history
0.0001 0.0039 1 Types of credit
0.0001 0.0056 1 Types of credit
0.0001 0.0041 1 Types of credit
0.0001 0.0001 4 Amounts owed
0.0001 0.0118 5 Payment history
0.0001 0.0100 2 New credit
0.0001 0.0039 1 Types of credit
0.0001 0.0055 2 New credit
0.0001 0.0060 2 New credit
0.0001 0.0004 5 Payment history
0.0001 0.0147 4 Amounts owed
0.0000 0.0051 5 Payment history
0.0000 0.0050 2 New credit
0.0000 0.0076 5 Payment history
0.0000 0.0069 2 New credit
0.0000 0.0049 4 Amounts owed
0.0000 0.0030 2 New credit
0.0000 0.0288 5 Payment history
0.0000 0.0023 1 Types of credit
0.0000 0.0039 2 New credit
0.0000 0.0032 5 Payment history
0.0000 0.0002 5 Payment history
0.0000 0.0070 5 Payment history
0.0000 0.0005 4 Amounts owed
0.0000 0.0056 1 Types of credit
0.0000 0.0000 2 New credit
0.0000 0.0000 4 Amounts owed
0.0000 0.0046 2 New credit
0.0000 0.0000 4 Amounts owed
0.0000 0.0035 4 Amounts owed
0.0000 0.0039 2 New credit
0.0000 0.0000 4 Amounts owed
0.0000 0.0001 2 New credit
0.0000 0.0074 1 Types of credit
0.0000 0.0056 2 New credit
0.0000 0.0076 1 Types of credit
0.0000 0.0534 5 Payment history
0.0000 0.0065 1 Types of credit
0.0000 0.0079 1 Types of credit
0.0000 0.0059 5 Payment history
0.0000 0.0020 5 Payment history
0.0000 0.0006 2 New credit
0.0000 0.0003 2 New credit
0.0000 0.0000 1 Types of credit
0.0000 0.0001 2 New credit
0.0000 0.0051 2 New credit
0.0000 0.0005 2 New credit
0.0000 0.0000 5 Payment history
0.0000 0.0000 5 Payment history
0.0000 0.0000 5 Payment history
0.0000 0.0000 5 Payment history
Return to Figure 1

Figure 1 Panel (c): Correlations with Credit Performance and Demographics for the 312 Credit Characteristics

Correlation with Demographic Characteristic, Asian Correlation with Credit Performance Credit Characteristic Group Number Credit Characteristic Group Definition
0.0179 0.0321 3 Credit history length
0.0118 0.0896 3 Credit history length
0.0110 0.1074 3 Credit history length
0.0079 0.0493 3 Credit history length
0.0069 0.1038 3 Credit history length
0.0067 0.0066 3 Credit history length
0.0067 0.0688 3 Credit history length
0.0052 0.0013 1 Types of credit
0.0046 0.0123 2 New credit
0.0037 0.1834 3 Credit history length
0.0036 0.0004 2 New credit
0.0032 0.0282 1 Types of credit
0.0031 0.0239 4 Amounts owed
0.0027 0.0024 2 New credit
0.0024 0.2069 4 Amounts owed
0.0023 0.0135 4 Amounts owed
0.0022 0.0280 2 New credit
0.0021 0.0046 2 New credit
0.0021 0.0195 3 Credit history length
0.0021 0.1335 2 New credit
0.0020 0.0045 5 Payment history
0.0019 0.0249 1 Types of credit
0.0019 0.0218 2 New credit
0.0019 0.0065 1 Types of credit
0.0019 0.0004 5 Payment history
0.0019 0.0829 5 Payment history
0.0018 0.0661 1 Types of credit
0.0018 0.0658 1 Types of credit
0.0017 0.0651 1 Types of credit
0.0017 0.0114 2 New credit
0.0017 0.0653 1 Types of credit
0.0017 0.0056 1 Types of credit
0.0016 0.0103 2 New credit
0.0016 0.0624 4 Amounts owed
0.0016 0.0045 5 Payment history
0.0016 0.0639 1 Types of credit
0.0016 0.0366 3 Credit history length
0.0016 0.1794 2 New credit
0.0015 0.0075 2 New credit
0.0015 0.0876 5 Payment history
0.0015 0.0823 5 Payment history
0.0015 0.2596 4 Amounts owed
0.0014 0.0089 2 New credit
0.0014 0.0107 2 New credit
0.0014 0.0148 4 Amounts owed
0.0014 0.0119 2 New credit
0.0013 0.0138 4 Amounts owed
0.0013 0.0070 2 New credit
0.0013 0.0157 4 Amounts owed
0.0013 0.0074 1 Types of credit
0.0013 0.0079 1 Types of credit
0.0013 0.0076 1 Types of credit
0.0013 0.3070 4 Amounts owed
0.0012 0.0042 2 New credit
0.0012 0.0381 1 Types of credit
0.0012 0.1046 4 Amounts owed
0.0012 0.0100 2 New credit
0.0011 0.0021 2 New credit
0.0011 0.0330 2 New credit
0.0011 0.0284 1 Types of credit
0.0011 0.0085 2 New credit
0.0011 0.0308 1 Types of credit
0.0011 0.1252 5 Payment history
0.0011 0.0051 2 New credit
0.0010 0.0183 1 Types of credit
0.0010 0.0024 2 New credit
0.0010 0.4398 5 Payment history
0.0010 0.0002 1 Types of credit
0.0010 0.1382 5 Payment history
0.0009 0.0081 3 Credit history length
0.0009 0.0265 2 New credit
0.0008 0.0063 5 Payment history
0.0008 0.2610 4 Amounts owed
0.0008 0.0023 1 Types of credit
0.0008 0.2995 5 Payment history
0.0008 0.0023 2 New credit
0.0008 0.1040 5 Payment history
0.0007 0.0142 4 Amounts owed
0.0007 0.0012 2 New credit
0.0007 0.1614 5 Payment history
0.0007 0.0349 4 Amounts owed
0.0007 0.2486 4 Amounts owed
0.0007 0.0152 2 New credit
0.0007 0.0757 4 Amounts owed
0.0007 0.1690 4 Amounts owed
0.0007 0.1271 4 Amounts owed
0.0007 0.2493 4 Amounts owed
0.0007 0.0229 2 New credit
0.0007 0.3692 5 Payment history
0.0007 0.0038 3 Credit history length
0.0006 0.0019 2 New credit
0.0006 0.1275 4 Amounts owed
0.0006 0.0064 5 Payment history
0.0006 0.1398 4 Amounts owed
0.0006 0.0060 2 New credit
0.0006 0.3991 5 Payment history
0.0006 0.0273 2 New credit
0.0006 0.0129 2 New credit
0.0006 0.0758 4 Amounts owed
0.0006 0.0000 1 Types of credit
0.0006 0.0345 2 New credit
0.0006 0.0001 4 Amounts owed
0.0006 0.0039 2 New credit
0.0006 0.0775 5 Payment history
0.0005 0.0034 2 New credit
0.0005 0.0845 5 Payment history
0.0005 0.0084 4 Amounts owed
0.0005 0.0816 5 Payment history
0.0005 0.2951 5 Payment history
0.0005 0.0099 2 New credit
0.0005 0.0534 5 Payment history
0.0005 0.0043 4 Amounts owed
0.0005 0.0198 2 New credit
0.0005 0.0791 1 Types of credit
0.0005 0.0036 2 New credit
0.0005 0.0046 4 Amounts owed
0.0005 0.0050 2 New credit
0.0005 0.1779 1 Types of credit
0.0005 0.0018 2 New credit
0.0005 0.0099 1 Types of credit
0.0005 0.0014 1 Types of credit
0.0004 0.0290 2 New credit
0.0004 0.0788 1 Types of credit
0.0004 0.0542 4 Amounts owed
0.0004 0.0783 1 Types of credit
0.0004 0.1117 4 Amounts owed
0.0004 0.0055 2 New credit
0.0004 0.0185 4 Amounts owed
0.0004 0.0776 1 Types of credit
0.0004 0.0739 2 New credit
0.0004 0.1159 5 Payment history
0.0004 0.0475 4 Amounts owed
0.0004 0.4309 5 Payment history
0.0004 0.0448 5 Payment history
0.0004 0.4182 5 Payment history
0.0004 0.0195 5 Payment history
0.0004 0.0199 1 Types of credit
0.0004 0.0848 5 Payment history
0.0004 0.0765 1 Types of credit
0.0004 0.0147 4 Amounts owed
0.0004 0.0117 1 Types of credit
0.0004 0.0117 5 Payment history
0.0004 0.0120 1 Types of credit
0.0003 0.0007 2 New credit
0.0003 0.0407 5 Payment history
0.0003 0.0288 5 Payment history
0.0003 0.0954 5 Payment history
0.0003 0.0039 2 New credit
0.0003 0.0760 5 Payment history
0.0003 0.0828 1 Types of credit
0.0003 0.0443 5 Payment history
0.0003 0.0049 4 Amounts owed
0.0003 0.0322 5 Payment history
0.0003 0.1291 5 Payment history
0.0003 0.0235 2 New credit
0.0003 0.0488 5 Payment history
0.0003 0.0030 2 New credit
0.0003 0.0496 2 New credit
0.0003 0.0069 2 New credit
0.0003 0.0031 2 New credit
0.0003 0.0035 4 Amounts owed
0.0003 0.0003 4 Amounts owed
0.0003 0.0567 5 Payment history
0.0003 0.0056 1 Types of credit
0.0003 0.2613 5 Payment history
0.0002 0.2240 5 Payment history
0.0002 0.1964 5 Payment history
0.0002 0.1224 5 Payment history
0.0002 0.0054 2 New credit
0.0002 0.0011 2 New credit
0.0002 0.2438 5 Payment history
0.0002 0.0033 4 Amounts owed
0.0002 0.0618 5 Payment history
0.0002 0.0026 4 Amounts owed
0.0002 0.0852 5 Payment history
0.0002 0.0589 5 Payment history
0.0002 0.0334 5 Payment history
0.0002 0.0002 4 Amounts owed
0.0002 0.0096 2 New credit
0.0002 0.0297 5 Payment history
0.0002 0.2614 5 Payment history
0.0002 0.0223 5 Payment history
0.0002 0.0231 3 Credit history length
0.0002 0.0056 2 New credit
0.0002 0.0002 5 Payment history
0.0002 0.0187 2 New credit
0.0002 0.1675 5 Payment history
0.0002 0.0230 4 Amounts owed
0.0002 0.0022 4 Amounts owed
0.0002 0.0342 5 Payment history
0.0002 0.0718 5 Payment history
0.0002 0.2885 5 Payment history
0.0002 0.1868 4 Amounts owed
0.0002 0.0024 2 New credit
0.0001 0.0048 2 New credit
0.0001 0.0296 1 Types of credit
0.0001 0.0181 5 Payment history
0.0001 0.0027 2 New credit
0.0001 0.0863 5 Payment history
0.0001 0.0025 4 Amounts owed
0.0001 0.0221 4 Amounts owed
0.0001 0.1022 2 New credit
0.0001 0.0192 1 Types of credit
0.0001 0.1019 2 New credit
0.0001 0.1015 2 New credit
0.0001 0.0100 5 Payment history
0.0001 0.0867 5 Payment history
0.0001 0.1053 5 Payment history
0.0001 0.0070 5 Payment history
0.0001 0.0626 4 Amounts owed
0.0001 0.0195 3 Credit history length
0.0001 0.1010 2 New credit
0.0001 0.0205 5 Payment history
0.0001 0.0784 5 Payment history
0.0001 0.1487 5 Payment history
0.0001 0.0544 2 New credit
0.0001 0.2672 5 Payment history
0.0001 0.0592 5 Payment history
0.0001 0.0111 2 New credit
0.0001 0.1009 2 New credit
0.0001 0.0452 5 Payment history
0.0001 0.0421 1 Types of credit
0.0001 0.0780 5 Payment history
0.0001 0.0066 2 New credit
0.0001 0.0751 5 Payment history
0.0001 0.0414 1 Types of credit
0.0001 0.0423 1 Types of credit
0.0001 0.0388 5 Payment history
0.0001 0.0427 1 Types of credit
0.0001 0.1982 5 Payment history
0.0001 0.0615 5 Payment history
0.0001 0.0511 5 Payment history
0.0001 0.0413 1 Types of credit
0.0001 0.0005 2 New credit
0.0001 0.1600 5 Payment history
0.0001 0.2526 5 Payment history
0.0001 0.0454 5 Payment history
0.0001 0.2336 5 Payment history
0.0001 0.0000 4 Amounts owed
0.0001 0.0349 5 Payment history
0.0001 0.0482 5 Payment history
0.0000 0.0294 5 Payment history
0.0000 0.0558 1 Types of credit
0.0000 0.0858 5 Payment history
0.0000 0.1898 5 Payment history
0.0000 0.2126 5 Payment history
0.0000 0.0003 2 New credit
0.0000 0.0378 1 Types of credit
0.0000 0.0170 4 Amounts owed
0.0000 0.0250 5 Payment history
0.0000 0.0557 1 Types of credit
0.0000 0.0006 2 New credit
0.0000 0.0020 5 Payment history
0.0000 0.0712 4 Amounts owed
0.0000 0.1321 5 Payment history
0.0000 0.0544 5 Payment history
0.0000 0.0118 5 Payment history
0.0000 0.0177 1 Types of credit
0.0000 0.0554 1 Types of credit
0.0000 0.0001 4 Amounts owed
0.0000 0.2060 5 Payment history
0.0000 0.0059 5 Payment history
0.0000 0.0202 1 Types of credit
0.0000 0.1353 5 Payment history
0.0000 0.0376 1 Types of credit
0.0000 0.0375 1 Types of credit
0.0000 0.0873 5 Payment history
0.0000 0.0611 1 Types of credit
0.0000 0.0046 4 Amounts owed
0.0000 0.1619 5 Payment history
0.0000 0.0365 1 Types of credit
0.0000 0.0581 1 Types of credit
0.0000 0.1848 5 Payment history
0.0000 0.0561 5 Payment history
0.0000 0.0258 5 Payment history
0.0000 0.0032 5 Payment history
0.0000 0.0053 4 Amounts owed
0.0000 0.0869 5 Payment history
0.0000 0.0050 4 Amounts owed
0.0000 0.0584 1 Types of credit
0.0000 0.0076 5 Payment history
0.0000 0.0052 5 Payment history
0.0000 0.0071 4 Amounts owed
0.0000 0.0000 4 Amounts owed
0.0000 0.0849 5 Payment history
0.0000 0.0365 1 Types of credit
0.0000 0.0349 5 Payment history
0.0000 0.0863 5 Payment history
0.0000 0.0482 5 Payment history
0.0000 0.1115 5 Payment history
0.0000 0.0000 2 New credit
0.0000 0.0039 1 Types of credit
0.0000 0.0041 1 Types of credit
0.0000 0.0041 1 Types of credit
0.0000 0.0005 4 Amounts owed
0.0000 0.0000 4 Amounts owed
0.0000 0.0196 4 Amounts owed
0.0000 0.0041 1 Types of credit
0.0000 0.0039 1 Types of credit
0.0000 0.0056 4 Amounts owed
0.0000 0.0001 2 New credit
0.0000 0.0001 2 New credit
0.0000 0.0039 4 Amounts owed
0.0000 0.0000 1 Types of credit
0.0000 0.0046 5 Payment history
0.0000 0.0051 5 Payment history
0.0000 0.0097 5 Payment history
0.0000 0.0848 5 Payment history
0.0000 0.0000 5 Payment history
0.0000 0.0000 5 Payment history
0.0000 0.0000 5 Payment history
0.0000 0.0000 5 Payment history
Return to Figure 1

Figure 1 Panel (d): Correlations with Credit Performance and Demographics for the 312 Credit Characteristics

Correlation with Demographic Characteristic, Racial or Ethnic Minority Correlation with Credit Performance Credit Characteristic Group Number Credit Characteristic Group Definition
0.0621 0.1834 3 Credit history length
0.0616 0.4398 5 Payment history
0.0587 0.1794 2 New credit
0.0574 0.3991 5 Payment history
0.0546 0.4182 5 Payment history
0.0529 0.1074 3 Credit history length
0.0529 0.4309 5 Payment history
0.0521 0.1038 3 Credit history length
0.0488 0.0896 3 Credit history length
0.0478 0.1868 4 Amounts owed
0.0468 0.3070 4 Amounts owed
0.0434 0.2610 4 Amounts owed
0.0429 0.2493 4 Amounts owed
0.0421 0.3692 5 Payment history
0.0403 0.2486 4 Amounts owed
0.0380 0.1779 1 Types of credit
0.0379 0.2596 4 Amounts owed
0.0368 0.0321 3 Credit history length
0.0331 0.1335 2 New credit
0.0324 0.0688 3 Credit history length
0.0321 0.2995 5 Payment history
0.0317 0.2672 5 Payment history
0.0313 0.2885 5 Payment history
0.0313 0.2526 5 Payment history
0.0300 0.1690 4 Amounts owed
0.0292 0.1398 4 Amounts owed
0.0285 0.2069 4 Amounts owed
0.0273 0.1053 5 Payment history
0.0267 0.2951 5 Payment history
0.0260 0.1117 4 Amounts owed
0.0259 0.1022 2 New credit
0.0257 0.1019 2 New credit
0.0256 0.1015 2 New credit
0.0253 0.1009 2 New credit
0.0253 0.1010 2 New credit
0.0247 0.0066 3 Credit history length
0.0231 0.1982 5 Payment history
0.0229 0.2614 5 Payment history
0.0229 0.0718 5 Payment history
0.0223 0.0493 3 Credit history length
0.0216 0.1275 4 Amounts owed
0.0210 0.1271 4 Amounts owed
0.0208 0.0567 5 Payment history
0.0198 0.2336 5 Payment history
0.0196 0.0488 5 Payment history
0.0194 0.0858 5 Payment history
0.0194 0.2060 5 Payment history
0.0192 0.0712 4 Amounts owed
0.0188 0.2613 5 Payment history
0.0188 0.0443 5 Payment history
0.0187 0.0849 5 Payment history
0.0182 0.0848 5 Payment history
0.0178 0.0863 5 Payment history
0.0178 0.0013 1 Types of credit
0.0177 0.0869 5 Payment history
0.0175 0.0873 5 Payment history
0.0175 0.2126 5 Payment history
0.0173 0.0626 4 Amounts owed
0.0170 0.0876 5 Payment history
0.0169 0.1848 5 Payment history
0.0167 0.0954 5 Payment history
0.0167 0.2438 5 Payment history
0.0156 0.0828 1 Types of credit
0.0152 0.0823 5 Payment history
0.0152 0.1291 5 Payment history
0.0152 0.0366 3 Credit history length
0.0148 0.1898 5 Payment history
0.0147 0.0829 5 Payment history
0.0144 0.0330 2 New credit
0.0142 0.1619 5 Payment history
0.0142 0.1046 4 Amounts owed
0.0141 0.2240 5 Payment history
0.0139 0.1224 5 Payment history
0.0138 0.0611 1 Types of credit
0.0128 0.0284 1 Types of credit
0.0128 0.0791 1 Types of credit
0.0127 0.0867 5 Payment history
0.0127 0.0788 1 Types of credit
0.0126 0.0765 1 Types of credit
0.0125 0.0783 1 Types of credit
0.0125 0.0776 1 Types of credit
0.0123 0.1614 5 Payment history
0.0122 0.0584 1 Types of credit
0.0119 0.0581 1 Types of credit
0.0117 0.0661 1 Types of credit
0.0117 0.0658 1 Types of credit
0.0116 0.0653 1 Types of credit
0.0116 0.0651 1 Types of credit
0.0115 0.0639 1 Types of credit
0.0115 0.0296 1 Types of credit
0.0115 0.0542 4 Amounts owed
0.0113 0.0558 1 Types of credit
0.0112 0.0557 1 Types of credit
0.0112 0.1600 5 Payment history
0.0112 0.0739 2 New credit
0.0111 0.0615 5 Payment history
0.0111 0.0758 4 Amounts owed
0.0111 0.0554 1 Types of credit
0.0110 0.1964 5 Payment history
0.0109 0.0192 1 Types of credit
0.0108 0.1353 5 Payment history
0.0106 0.0757 4 Amounts owed
0.0105 0.0120 1 Types of credit
0.0104 0.0117 1 Types of credit
0.0104 0.0117 5 Payment history
0.0099 0.0249 1 Types of credit
0.0095 0.1487 5 Payment history
0.0094 0.1115 5 Payment history
0.0094 0.1321 5 Payment history
0.0092 0.1675 5 Payment history
0.0091 0.0475 4 Amounts owed
0.0085 0.0280 2 New credit
0.0080 0.0496 2 New credit
0.0078 0.0045 5 Payment history
0.0078 0.0195 3 Credit history length
0.0076 0.0544 5 Payment history
0.0075 0.0349 4 Amounts owed
0.0074 0.1040 5 Payment history
0.0072 0.0624 4 Amounts owed
0.0071 0.0218 2 New credit
0.0070 0.1159 5 Payment history
0.0069 0.0482 5 Payment history
0.0069 0.0863 5 Payment history
0.0064 0.1382 5 Payment history
0.0061 0.0231 3 Credit history length
0.0060 0.0230 4 Amounts owed
0.0060 0.0239 4 Amounts owed
0.0060 0.0273 2 New credit
0.0059 0.0544 2 New credit
0.0054 0.0021 2 New credit
0.0054 0.0345 2 New credit
0.0053 0.0235 2 New credit
0.0052 0.0199 1 Types of credit
0.0052 0.0427 1 Types of credit
0.0051 0.1252 5 Payment history
0.0050 0.0185 4 Amounts owed
0.0050 0.0423 1 Types of credit
0.0049 0.0081 3 Credit history length
0.0049 0.0258 5 Payment history
0.0049 0.0381 1 Types of credit
0.0049 0.0421 1 Types of credit
0.0047 0.0414 1 Types of credit
0.0047 0.0290 2 New credit
0.0047 0.0413 1 Types of credit
0.0045 0.0024 2 New credit
0.0045 0.0561 5 Payment history
0.0044 0.0378 1 Types of credit
0.0043 0.0376 1 Types of credit
0.0042 0.0375 1 Types of credit
0.0042 0.0099 1 Types of credit
0.0041 0.0365 1 Types of credit
0.0041 0.0618 5 Payment history
0.0041 0.0187 2 New credit
0.0040 0.0365 1 Types of credit
0.0040 0.0170 4 Amounts owed
0.0040 0.0177 1 Types of credit
0.0036 0.0780 5 Payment history
0.0035 0.0023 2 New credit
0.0034 0.0229 2 New credit
0.0034 0.0265 2 New credit
0.0034 0.0308 1 Types of credit
0.0033 0.0195 3 Credit history length
0.0033 0.0198 2 New credit
0.0032 0.0181 5 Payment history
0.0031 0.0784 5 Payment history
0.0031 0.0349 5 Payment history
0.0031 0.0751 5 Payment history
0.0031 0.0852 5 Payment history
0.0030 0.0056 4 Amounts owed
0.0030 0.0195 5 Payment history
0.0030 0.0071 4 Amounts owed
0.0029 0.0050 4 Amounts owed
0.0029 0.0142 4 Amounts owed
0.0028 0.0064 5 Payment history
0.0028 0.0152 2 New credit
0.0028 0.0053 4 Amounts owed
0.0028 0.0534 5 Payment history
0.0028 0.0129 2 New credit
0.0026 0.0282 1 Types of credit
0.0026 0.0022 4 Amounts owed
0.0025 0.0511 5 Payment history
0.0025 0.0407 5 Payment history
0.0025 0.0848 5 Payment history
0.0025 0.0816 5 Payment history
0.0024 0.0046 4 Amounts owed
0.0024 0.0111 2 New credit
0.0024 0.0775 5 Payment history
0.0024 0.0482 5 Payment history
0.0024 0.0845 5 Payment history
0.0023 0.0196 4 Amounts owed
0.0023 0.0023 1 Types of credit
0.0023 0.0592 5 Payment history
0.0023 0.0084 4 Amounts owed
0.0023 0.0202 1 Types of credit
0.0023 0.0099 2 New credit
0.0022 0.0454 5 Payment history
0.0022 0.0075 2 New credit
0.0021 0.0018 2 New credit
0.0021 0.0025 4 Amounts owed
0.0021 0.0157 4 Amounts owed
0.0020 0.0760 5 Payment history
0.0020 0.0448 5 Payment history
0.0019 0.0147 4 Amounts owed
0.0019 0.0183 1 Types of credit
0.0019 0.0589 5 Payment history
0.0018 0.0148 4 Amounts owed
0.0017 0.0038 3 Credit history length
0.0017 0.0096 2 New credit
0.0016 0.0138 4 Amounts owed
0.0016 0.0452 5 Payment history
0.0016 0.0342 5 Payment history
0.0016 0.0322 5 Payment history
0.0015 0.0054 2 New credit
0.0015 0.0349 5 Payment history
0.0015 0.0388 5 Payment history
0.0015 0.0334 5 Payment history
0.0015 0.0221 4 Amounts owed
0.0014 0.0036 2 New credit
0.0014 0.0066 2 New credit
0.0013 0.0043 4 Amounts owed
0.0012 0.0011 2 New credit
0.0012 0.0288 5 Payment history
0.0012 0.0205 5 Payment history
0.0011 0.0294 5 Payment history
0.0011 0.0056 1 Types of credit
0.0011 0.0003 4 Amounts owed
0.0011 0.0123 2 New credit
0.0010 0.0063 5 Payment history
0.0010 0.0039 4 Amounts owed
0.0009 0.0297 5 Payment history
0.0009 0.0014 1 Types of credit
0.0009 0.0046 5 Payment history
0.0009 0.0033 4 Amounts owed
0.0009 0.0031 2 New credit
0.0009 0.0046 4 Amounts owed
0.0008 0.0002 4 Amounts owed
0.0008 0.0250 5 Payment history
0.0008 0.0097 5 Payment history
0.0008 0.0001 4 Amounts owed
0.0008 0.0041 1 Types of credit
0.0008 0.0026 4 Amounts owed
0.0008 0.0041 1 Types of credit
0.0008 0.0041 1 Types of credit
0.0007 0.0118 5 Payment history
0.0007 0.0039 1 Types of credit
0.0007 0.0004 5 Payment history
0.0007 0.0039 1 Types of credit
0.0007 0.0027 2 New credit
0.0007 0.0223 5 Payment history
0.0007 0.0048 2 New credit
0.0006 0.0135 4 Amounts owed
0.0005 0.0069 2 New credit
0.0005 0.0076 5 Payment history
0.0005 0.0055 2 New credit
0.0005 0.0000 1 Types of credit
0.0004 0.0032 5 Payment history
0.0004 0.0056 2 New credit
0.0004 0.0049 4 Amounts owed
0.0003 0.0052 5 Payment history
0.0003 0.0034 2 New credit
0.0003 0.0051 5 Payment history
0.0003 0.0100 5 Payment history
0.0003 0.0070 2 New credit
0.0002 0.0089 2 New credit
0.0002 0.0051 2 New credit
0.0002 0.0035 4 Amounts owed
0.0002 0.0059 5 Payment history
0.0002 0.0119 2 New credit
0.0002 0.0039 2 New credit
0.0002 0.0046 2 New credit
0.0002 0.0024 2 New credit
0.0001 0.0100 2 New credit
0.0001 0.0114 2 New credit
0.0001 0.0045 5 Payment history
0.0001 0.0107 2 New credit
0.0001 0.0001 4 Amounts owed
0.0001 0.0070 5 Payment history
0.0001 0.0012 2 New credit
0.0001 0.0042 2 New credit
0.0001 0.0085 2 New credit
0.0001 0.0103 2 New credit
0.0001 0.0019 2 New credit
0.0001 0.0050 2 New credit
0.0001 0.0060 2 New credit
0.0001 0.0056 1 Types of credit
0.0001 0.0002 1 Types of credit
0.0001 0.0000 4 Amounts owed
0.0001 0.0004 2 New credit
0.0001 0.0065 1 Types of credit
0.0001 0.0039 2 New credit
0.0000 0.0000 4 Amounts owed
0.0000 0.0024 2 New credit
0.0000 0.0030 2 New credit
0.0000 0.0006 2 New credit
0.0000 0.0079 1 Types of credit
0.0000 0.0020 5 Payment history
0.0000 0.0000 2 New credit
0.0000 0.0076 1 Types of credit
0.0000 0.0007 2 New credit
0.0000 0.0074 1 Types of credit
0.0000 0.0005 2 New credit
0.0000 0.0000 1 Types of credit
0.0000 0.0005 4 Amounts owed
0.0000 0.0003 2 New credit
0.0000 0.0001 2 New credit
0.0000 0.0000 4 Amounts owed
0.0000 0.0001 2 New credit
0.0000 0.0002 5 Payment history
0.0000 0.0000 5 Payment history
0.0000 0.0000 5 Payment history
0.0000 0.0000 5 Payment history
0.0000 0.0000 5 Payment history
Return to Figure 1

Figure 1 Panel (e): Correlations with Credit Performance and Demographics for the 312 Credit Characteristics

Correlation with Demographic Characteristic, Female Correlation with Credit Performance Credit Characteristic Group Number Credit Characteristic Group Definition
0.0843 0.0202 1 Types of credit
0.0714 0.0482 5 Payment history
0.0658 0.0378 1 Types of credit
0.0637 0.0376 1 Types of credit
0.0614 0.0375 1 Types of credit
0.0586 0.0218 2 New credit
0.0584 0.0365 1 Types of credit
0.0552 0.0365 1 Types of credit
0.0487 0.0280 2 New credit
0.0468 0.0427 1 Types of credit
0.0468 0.0544 5 Payment history
0.0460 0.0423 1 Types of credit
0.0453 0.0421 1 Types of credit
0.0452 0.0414 1 Types of credit
0.0451 0.0413 1 Types of credit
0.0413 0.0114 2 New credit
0.0350 0.1271 4 Amounts owed
0.0326 0.0119 2 New credit
0.0326 0.0001 4 Amounts owed
0.0311 0.1275 4 Amounts owed
0.0311 0.0758 4 Amounts owed
0.0288 0.0493 3 Credit history length
0.0261 0.0757 4 Amounts owed
0.0258 0.0100 2 New credit
0.0239 0.0000 1 Types of credit
0.0239 0.0103 2 New credit
0.0220 0.0475 4 Amounts owed
0.0181 0.0107 2 New credit
0.0141 0.0085 2 New credit
0.0128 0.0828 1 Types of credit
0.0119 0.0954 5 Payment history
0.0115 0.0060 2 New credit
0.0102 0.1291 5 Payment history
0.0102 0.0791 1 Types of credit
0.0098 0.0788 1 Types of credit
0.0097 0.0542 4 Amounts owed
0.0094 0.0783 1 Types of credit
0.0089 0.0776 1 Types of credit
0.0083 0.0765 1 Types of credit
0.0077 0.0039 2 New credit
0.0071 0.0849 5 Payment history
0.0071 0.0611 1 Types of credit
0.0070 0.0858 5 Payment history
0.0069 0.0013 1 Types of credit
0.0068 0.0848 5 Payment history
0.0068 0.0050 2 New credit
0.0067 0.0863 5 Payment history
0.0064 0.0869 5 Payment history
0.0063 0.0873 5 Payment history
0.0054 0.2069 4 Amounts owed
0.0051 0.0099 1 Types of credit
0.0048 0.0123 2 New credit
0.0048 0.0558 1 Types of credit
0.0046 0.0030 2 New credit
0.0045 0.0033 4 Amounts owed
0.0045 0.0557 1 Types of credit
0.0045 0.0282 1 Types of credit
0.0044 0.0066 3 Credit history length
0.0042 0.0554 1 Types of credit
0.0039 0.0002 1 Types of credit
0.0037 0.0026 4 Amounts owed
0.0037 0.0581 1 Types of credit
0.0036 0.1046 4 Amounts owed
0.0035 0.0036 2 New credit
0.0034 0.0038 3 Credit history length
0.0033 0.0584 1 Types of credit
0.0029 0.0063 5 Payment history
0.0029 0.0183 1 Types of credit
0.0029 0.0135 4 Amounts owed
0.0029 0.0075 2 New credit
0.0028 0.1690 4 Amounts owed
0.0028 0.0195 3 Credit history length
0.0026 0.0192 1 Types of credit
0.0024 0.0046 4 Amounts owed
0.0024 0.0004 5 Payment history
0.0024 0.0041 1 Types of credit
0.0023 0.0065 1 Types of credit
0.0023 0.0181 5 Payment history
0.0023 0.0041 1 Types of credit
0.0023 0.0046 5 Payment history
0.0023 0.0081 3 Credit history length
0.0022 0.0041 1 Types of credit
0.0022 0.0056 1 Types of credit
0.0022 0.0045 5 Payment history
0.0021 0.0039 1 Types of credit
0.0021 0.0739 2 New credit
0.0021 0.0039 1 Types of credit
0.0021 0.0195 5 Payment history
0.0020 0.0021 2 New credit
0.0020 0.0070 5 Payment history
0.0019 0.0003 4 Amounts owed
0.0018 0.0024 2 New credit
0.0018 0.0056 1 Types of credit
0.0017 0.0089 2 New credit
0.0017 0.0534 5 Payment history
0.0016 0.3070 4 Amounts owed
0.0016 0.0290 2 New credit
0.0016 0.0070 2 New credit
0.0015 0.0349 4 Amounts owed
0.0015 0.0345 2 New credit
0.0015 0.0142 4 Amounts owed
0.0015 0.1074 3 Credit history length
0.0014 0.2596 4 Amounts owed
0.0014 0.0039 4 Amounts owed
0.0014 0.0196 4 Amounts owed
0.0014 0.1779 1 Types of credit
0.0013 0.0624 4 Amounts owed
0.0013 0.0022 4 Amounts owed
0.0013 0.0024 2 New credit
0.0013 0.0147 4 Amounts owed
0.0013 0.0074 1 Types of credit
0.0012 0.0076 1 Types of credit
0.0012 0.0079 1 Types of credit
0.0012 0.0544 2 New credit
0.0012 0.0023 2 New credit
0.0012 0.0002 4 Amounts owed
0.0012 0.0045 5 Payment history
0.0012 0.0152 2 New credit
0.0012 0.0496 2 New credit
0.0012 0.0023 1 Types of credit
0.0011 0.0296 1 Types of credit
0.0011 0.0381 1 Types of credit
0.0011 0.0042 2 New credit
0.0010 0.0064 5 Payment history
0.0010 0.0019 2 New credit
0.0010 0.1040 5 Payment history
0.0010 0.0129 2 New credit
0.0009 0.0308 1 Types of credit
0.0009 0.0148 4 Amounts owed
0.0009 0.0618 5 Payment history
0.0009 0.0138 4 Amounts owed
0.0009 0.0031 2 New credit
0.0008 0.0018 2 New credit
0.0008 0.0239 4 Amounts owed
0.0008 0.0157 4 Amounts owed
0.0008 0.0012 2 New credit
0.0008 0.1038 3 Credit history length
0.0008 0.0170 4 Amounts owed
0.0007 0.0177 1 Types of credit
0.0007 0.0330 2 New credit
0.0007 0.0258 5 Payment history
0.0007 0.0366 3 Credit history length
0.0007 0.0025 4 Amounts owed
0.0006 0.0221 4 Amounts owed
0.0006 0.0049 4 Amounts owed
0.0006 0.0230 4 Amounts owed
0.0006 0.0231 3 Credit history length
0.0006 0.0099 2 New credit
0.0006 0.0117 1 Types of credit
0.0006 0.0117 5 Payment history
0.0006 0.1398 4 Amounts owed
0.0006 0.0007 2 New credit
0.0006 0.2486 4 Amounts owed
0.0006 0.0011 2 New credit
0.0006 0.2610 4 Amounts owed
0.0006 0.0055 2 New credit
0.0005 0.0084 4 Amounts owed
0.0005 0.0321 3 Credit history length
0.0005 0.2493 4 Amounts owed
0.0005 0.0443 5 Payment history
0.0005 0.0120 1 Types of credit
0.0005 0.0006 2 New credit
0.0005 0.0488 5 Payment history
0.0005 0.0054 2 New credit
0.0005 0.0235 2 New credit
0.0005 0.1335 2 New credit
0.0005 0.1117 4 Amounts owed
0.0005 0.0034 2 New credit
0.0005 0.0688 3 Credit history length
0.0005 0.0035 4 Amounts owed
0.0005 0.0273 2 New credit
0.0005 0.0626 4 Amounts owed
0.0005 0.0567 5 Payment history
0.0004 0.0046 4 Amounts owed
0.0004 0.0718 5 Payment history
0.0004 0.1022 2 New credit
0.0004 0.1019 2 New credit
0.0004 0.1015 2 New credit
0.0004 0.0265 2 New credit
0.0004 0.1010 2 New credit
0.0004 0.1794 2 New credit
0.0004 0.1053 5 Payment history
0.0003 0.0187 2 New credit
0.0003 0.1009 2 New credit
0.0003 0.3692 5 Payment history
0.0003 0.0005 2 New credit
0.0003 0.0229 2 New credit
0.0003 0.4309 5 Payment history
0.0003 0.4182 5 Payment history
0.0003 0.2614 5 Payment history
0.0003 0.0111 2 New credit
0.0003 0.0000 4 Amounts owed
0.0003 0.0863 5 Payment history
0.0003 0.0043 4 Amounts owed
0.0003 0.2613 5 Payment history
0.0003 0.2438 5 Payment history
0.0003 0.0014 1 Types of credit
0.0002 0.0027 2 New credit
0.0002 0.0195 3 Credit history length
0.0002 0.0511 5 Payment history
0.0002 0.3991 5 Payment history
0.0002 0.0407 5 Payment history
0.0002 0.2240 5 Payment history
0.0002 0.0816 5 Payment history
0.0002 0.0775 5 Payment history
0.0002 0.2951 5 Payment history
0.0002 0.0066 2 New credit
0.0002 0.0056 4 Amounts owed
0.0002 0.0448 5 Payment history
0.0002 0.0051 2 New credit
0.0002 0.0845 5 Payment history
0.0002 0.0071 4 Amounts owed
0.0002 0.0003 2 New credit
0.0002 0.0050 4 Amounts owed
0.0002 0.0000 4 Amounts owed
0.0002 0.0198 2 New credit
0.0002 0.0053 4 Amounts owed
0.0002 0.0482 5 Payment history
0.0002 0.0454 5 Payment history
0.0002 0.4398 5 Payment history
0.0002 0.2336 5 Payment history
0.0002 0.2126 5 Payment history
0.0002 0.0784 5 Payment history
0.0002 0.0780 5 Payment history
0.0001 0.0751 5 Payment history
0.0001 0.0388 5 Payment history
0.0001 0.0712 4 Amounts owed
0.0001 0.2885 5 Payment history
0.0001 0.1834 3 Credit history length
0.0001 0.1964 5 Payment history
0.0001 0.0096 2 New credit
0.0001 0.1898 5 Payment history
0.0001 0.0322 5 Payment history
0.0001 0.0848 5 Payment history
0.0001 0.2060 5 Payment history
0.0001 0.1159 5 Payment history
0.0001 0.0097 5 Payment history
0.0001 0.1982 5 Payment history
0.0001 0.1848 5 Payment history
0.0001 0.0205 5 Payment history
0.0001 0.0001 4 Amounts owed
0.0001 0.0039 2 New credit
0.0001 0.0056 2 New credit
0.0001 0.2672 5 Payment history
0.0001 0.0342 5 Payment history
0.0001 0.0001 2 New credit
0.0001 0.0334 5 Payment history
0.0001 0.0001 2 New credit
0.0001 0.0185 4 Amounts owed
0.0001 0.1382 5 Payment history
0.0001 0.0118 5 Payment history
0.0001 0.1600 5 Payment history
0.0001 0.0297 5 Payment history
0.0001 0.1619 5 Payment history
0.0001 0.0592 5 Payment history
0.0001 0.0199 1 Types of credit
0.0001 0.0349 5 Payment history
0.0001 0.0000 4 Amounts owed
0.0001 0.0024 2 New credit
0.0001 0.0048 2 New credit
0.0001 0.0294 5 Payment history
0.0000 0.1868 4 Amounts owed
0.0000 0.0046 2 New credit
0.0000 0.0615 5 Payment history
0.0000 0.1252 5 Payment history
0.0000 0.0076 5 Payment history
0.0000 0.0069 2 New credit
0.0000 0.0852 5 Payment history
0.0000 0.2526 5 Payment history
0.0000 0.1353 5 Payment history
0.0000 0.0223 5 Payment history
0.0000 0.1614 5 Payment history
0.0000 0.0059 5 Payment history
0.0000 0.0760 5 Payment history
0.0000 0.0250 5 Payment history
0.0000 0.0589 5 Payment history
0.0000 0.0051 5 Payment history
0.0000 0.0561 5 Payment history
0.0000 0.0452 5 Payment history
0.0000 0.0349 5 Payment history
0.0000 0.0249 1 Types of credit
0.0000 0.0288 5 Payment history
0.0000 0.0284 1 Types of credit
0.0000 0.1675 5 Payment history
0.0000 0.0005 4 Amounts owed
0.0000 0.0100 5 Payment history
0.0000 0.0896 3 Credit history length
0.0000 0.1224 5 Payment history
0.0000 0.0653 1 Types of credit
0.0000 0.0000 1 Types of credit
0.0000 0.0020 5 Payment history
0.0000 0.0002 5 Payment history
0.0000 0.0639 1 Types of credit
0.0000 0.0052 5 Payment history
0.0000 0.1487 5 Payment history
0.0000 0.0661 1 Types of credit
0.0000 0.1321 5 Payment history
0.0000 0.0658 1 Types of credit
0.0000 0.0829 5 Payment history
0.0000 0.0651 1 Types of credit
0.0000 0.0004 2 New credit
0.0000 0.0867 5 Payment history
0.0000 0.0823 5 Payment history
0.0000 0.0876 5 Payment history
0.0000 0.0032 5 Payment history
0.0000 0.2995 5 Payment history
0.0000 0.1115 5 Payment history
0.0000 0.0000 2 New credit
0.0000 0.0000 5 Payment history
0.0000 0.0000 5 Payment history
0.0000 0.0000 5 Payment history
0.0000 0.0000 5 Payment history
Return to Figure 1

Figure 1 Panel (f): Correlations with Credit Performance and Demographics for the 312 Credit Characteristics

Correlation with Demographic Characteristic, Single Male Correlation with Credit Performance Credit Characteristic Group Number Credit Characteristic Group Definition
0.0520 0.1074 3 Credit history length
0.0513 0.0896 3 Credit history length
0.0473 0.1834 3 Credit history length
0.0467 0.1038 3 Credit history length
0.0467 0.0366 3 Credit history length
0.0395 0.0330 2 New credit
0.0386 0.1794 2 New credit
0.0376 0.0321 3 Credit history length
0.0361 0.1868 4 Amounts owed
0.0344 0.4398 5 Payment history
0.0338 0.0718 5 Payment history
0.0333 0.0567 5 Payment history
0.0328 0.0488 5 Payment history
0.0325 0.0858 5 Payment history
0.0323 0.0443 5 Payment history
0.0319 0.0493 3 Credit history length
0.0316 0.0849 5 Payment history
0.0313 0.0296 1 Types of credit
0.0307 0.0848 5 Payment history
0.0303 0.0863 5 Payment history
0.0301 0.0869 5 Payment history
0.0300 0.1779 1 Types of credit
0.0299 0.0873 5 Payment history
0.0279 0.0195 3 Credit history length
0.0277 0.3070 4 Amounts owed
0.0274 0.0192 1 Types of credit
0.0274 0.3991 5 Payment history
0.0271 0.0611 1 Types of credit
0.0265 0.1053 5 Payment history
0.0263 0.2610 4 Amounts owed
0.0261 0.2493 4 Amounts owed
0.0260 0.0954 5 Payment history
0.0259 0.2596 4 Amounts owed
0.0257 0.1022 2 New credit
0.0256 0.1019 2 New credit
0.0256 0.1015 2 New credit
0.0254 0.1009 2 New credit
0.0254 0.4182 5 Payment history
0.0254 0.0828 1 Types of credit
0.0253 0.1010 2 New credit
0.0249 0.0120 1 Types of credit
0.0248 0.0117 1 Types of credit
0.0248 0.0117 5 Payment history
0.0247 0.0581 1 Types of credit
0.0246 0.0584 1 Types of credit
0.0246 0.2486 4 Amounts owed
0.0244 0.1117 4 Amounts owed
0.0241 0.4309 5 Payment history
0.0236 0.0558 1 Types of credit
0.0234 0.0557 1 Types of credit
0.0232 0.0554 1 Types of credit
0.0228 0.0230 4 Amounts owed
0.0225 0.0688 3 Credit history length
0.0224 0.0231 3 Credit history length
0.0223 0.1690 4 Amounts owed
0.0222 0.0239 4 Amounts owed
0.0214 0.0791 1 Types of credit
0.0212 0.0712 4 Amounts owed
0.0212 0.0788 1 Types of credit
0.0209 0.0783 1 Types of credit
0.0208 0.1335 2 New credit
0.0206 0.0776 1 Types of credit
0.0206 0.0765 1 Types of credit
0.0201 0.1398 4 Amounts owed
0.0199 0.2069 4 Amounts owed
0.0187 0.1046 4 Amounts owed
0.0183 0.2995 5 Payment history
0.0174 0.0099 1 Types of credit
0.0171 0.0626 4 Amounts owed
0.0167 0.0258 5 Payment history
0.0167 0.0542 4 Amounts owed
0.0166 0.0349 4 Amounts owed
0.0166 0.0876 5 Payment history
0.0164 0.0170 4 Amounts owed
0.0162 0.0475 4 Amounts owed
0.0161 0.0066 3 Credit history length
0.0159 0.0823 5 Payment history
0.0158 0.3692 5 Payment history
0.0154 0.0177 1 Types of credit
0.0153 0.2526 5 Payment history
0.0151 0.0195 5 Payment history
0.0148 0.2672 5 Payment history
0.0148 0.0280 2 New credit
0.0148 0.0544 5 Payment history
0.0144 0.0829 5 Payment history
0.0141 0.0046 4 Amounts owed
0.0140 0.1271 4 Amounts owed
0.0135 0.1275 4 Amounts owed
0.0134 0.0284 1 Types of credit
0.0133 0.0181 5 Payment history
0.0131 0.2885 5 Payment history
0.0131 0.0482 5 Payment history
0.0131 0.1982 5 Payment history
0.0126 0.0757 4 Amounts owed
0.0126 0.0218 2 New credit
0.0124 0.0427 1 Types of credit
0.0121 0.0423 1 Types of credit
0.0121 0.0413 1 Types of credit
0.0121 0.0414 1 Types of credit
0.0120 0.0421 1 Types of credit
0.0118 0.0661 1 Types of credit
0.0117 0.0658 1 Types of credit
0.0116 0.0758 4 Amounts owed
0.0116 0.0651 1 Types of credit
0.0115 0.0653 1 Types of credit
0.0114 0.0639 1 Types of credit
0.0112 0.0365 1 Types of credit
0.0111 0.0002 1 Types of credit
0.0110 0.0378 1 Types of credit
0.0109 0.0365 1 Types of credit
0.0108 0.0376 1 Types of credit
0.0107 0.0375 1 Types of credit
0.0100 0.0202 1 Types of credit
0.0099 0.2614 5 Payment history
0.0098 0.0147 4 Amounts owed
0.0096 0.0249 1 Types of credit
0.0092 0.0142 4 Amounts owed
0.0089 0.2060 5 Payment history
0.0084 0.0013 1 Types of credit
0.0083 0.2336 5 Payment history
0.0081 0.0056 1 Types of credit
0.0079 0.0075 2 New credit
0.0078 0.0157 4 Amounts owed
0.0078 0.2951 5 Payment history
0.0075 0.0081 3 Credit history length
0.0074 0.1848 5 Payment history
0.0071 0.0148 4 Amounts owed
0.0071 0.2126 5 Payment history
0.0068 0.0273 2 New credit
0.0065 0.0138 4 Amounts owed
0.0064 0.0064 5 Payment history
0.0063 0.0199 1 Types of credit
0.0062 0.0185 4 Amounts owed
0.0062 0.1619 5 Payment history
0.0061 0.0235 2 New credit
0.0058 0.1898 5 Payment history
0.0056 0.2613 5 Payment history
0.0056 0.0023 1 Types of credit
0.0055 0.0045 5 Payment history
0.0054 0.0084 4 Amounts owed
0.0052 0.0022 4 Amounts owed
0.0051 0.0187 2 New credit
0.0049 0.2438 5 Payment history
0.0043 0.0045 5 Payment history
0.0043 0.0123 2 New credit
0.0043 0.1353 5 Payment history
0.0042 0.1040 5 Payment history
0.0042 0.1115 5 Payment history
0.0041 0.0282 1 Types of credit
0.0040 0.1600 5 Payment history
0.0039 0.0003 4 Amounts owed
0.0039 0.2240 5 Payment history
0.0039 0.0624 4 Amounts owed
0.0037 0.1321 5 Payment history
0.0037 0.0000 1 Types of credit
0.0036 0.0050 4 Amounts owed
0.0035 0.0867 5 Payment history
0.0034 0.0063 5 Payment history
0.0034 0.0195 3 Credit history length
0.0034 0.0615 5 Payment history
0.0033 0.0053 4 Amounts owed
0.0032 0.1487 5 Payment history
0.0032 0.0056 4 Amounts owed
0.0032 0.0004 5 Payment history
0.0032 0.0043 4 Amounts owed
0.0031 0.0014 1 Types of credit
0.0031 0.1224 5 Payment history
0.0031 0.0111 2 New credit
0.0028 0.0071 4 Amounts owed
0.0028 0.0135 4 Amounts owed
0.0027 0.0739 2 New credit
0.0027 0.0001 4 Amounts owed
0.0027 0.0049 4 Amounts owed
0.0026 0.0065 1 Types of credit
0.0026 0.0002 4 Amounts owed
0.0025 0.1964 5 Payment history
0.0025 0.0183 1 Types of credit
0.0025 0.0056 1 Types of credit
0.0025 0.1675 5 Payment history
0.0022 0.0021 2 New credit
0.0021 0.0066 2 New credit
0.0021 0.0025 4 Amounts owed
0.0021 0.0024 2 New credit
0.0020 0.0561 5 Payment history
0.0019 0.0055 2 New credit
0.0018 0.0034 2 New credit
0.0018 0.0024 2 New credit
0.0018 0.0035 4 Amounts owed
0.0017 0.1291 5 Payment history
0.0017 0.0023 2 New credit
0.0017 0.0012 2 New credit
0.0016 0.0069 2 New credit
0.0016 0.0000 4 Amounts owed
0.0014 0.0496 2 New credit
0.0014 0.0407 5 Payment history
0.0014 0.0349 5 Payment history
0.0014 0.0534 5 Payment history
0.0013 0.0863 5 Payment history
0.0012 0.0038 3 Credit history length
0.0012 0.0308 1 Types of credit
0.0012 0.0345 2 New credit
0.0011 0.0026 4 Amounts owed
0.0011 0.0196 4 Amounts owed
0.0010 0.0074 1 Types of credit
0.0010 0.0079 1 Types of credit
0.0010 0.0056 2 New credit
0.0010 0.0036 2 New credit
0.0010 0.0076 1 Types of credit
0.0009 0.0039 4 Amounts owed
0.0009 0.0033 4 Amounts owed
0.0009 0.1614 5 Payment history
0.0009 0.0511 5 Payment history
0.0009 0.0089 2 New credit
0.0008 0.0454 5 Payment history
0.0008 0.0031 2 New credit
0.0008 0.0290 2 New credit
0.0008 0.0018 2 New credit
0.0008 0.0046 5 Payment history
0.0008 0.0482 5 Payment history
0.0008 0.0544 2 New credit
0.0007 0.0070 2 New credit
0.0007 0.0042 2 New credit
0.0007 0.0041 1 Types of credit
0.0007 0.0041 1 Types of credit
0.0007 0.0780 5 Payment history
0.0007 0.1159 5 Payment history
0.0007 0.0041 1 Types of credit
0.0007 0.0039 1 Types of credit
0.0006 0.0039 1 Types of credit
0.0006 0.0852 5 Payment history
0.0006 0.0751 5 Payment history
0.0006 0.0388 5 Payment history
0.0006 0.0294 5 Payment history
0.0006 0.0448 5 Payment history
0.0006 0.0250 5 Payment history
0.0005 0.0046 4 Amounts owed
0.0005 0.0784 5 Payment history
0.0005 0.0001 4 Amounts owed
0.0005 0.0349 5 Payment history
0.0004 0.0011 2 New credit
0.0004 0.0381 1 Types of credit
0.0004 0.0592 5 Payment history
0.0003 0.0152 2 New credit
0.0003 0.0019 2 New credit
0.0003 0.0322 5 Payment history
0.0003 0.0000 4 Amounts owed
0.0003 0.0051 2 New credit
0.0003 0.0039 2 New credit
0.0003 0.0452 5 Payment history
0.0003 0.0070 5 Payment history
0.0002 0.0007 2 New credit
0.0002 0.0129 2 New credit
0.0002 0.0032 5 Payment history
0.0002 0.0618 5 Payment history
0.0002 0.0288 5 Payment history
0.0001 0.0099 2 New credit
0.0001 0.0589 5 Payment history
0.0001 0.0100 5 Payment history
0.0001 0.0046 2 New credit
0.0001 0.0002 5 Payment history
0.0001 0.0221 4 Amounts owed
0.0001 0.0760 5 Payment history
0.0001 0.0054 2 New credit
0.0001 0.0265 2 New credit
0.0001 0.0059 5 Payment history
0.0001 0.0020 5 Payment history
0.0000 0.0004 2 New credit
0.0000 0.0342 5 Payment history
0.0000 0.0039 2 New credit
0.0000 0.0097 5 Payment history
0.0000 0.1252 5 Payment history
0.0000 0.0000 4 Amounts owed
0.0000 0.0027 2 New credit
0.0000 0.0848 5 Payment history
0.0000 0.0000 1 Types of credit
0.0000 0.0103 2 New credit
0.0000 0.0050 2 New credit
0.0000 0.0085 2 New credit
0.0000 0.0205 5 Payment history
0.0000 0.0845 5 Payment history
0.0000 0.0297 5 Payment history
0.0000 0.1382 5 Payment history
0.0000 0.0000 2 New credit
0.0000 0.0334 5 Payment history
0.0000 0.0107 2 New credit
0.0000 0.0030 2 New credit
0.0000 0.0229 2 New credit
0.0000 0.0198 2 New credit
0.0000 0.0076 5 Payment history
0.0000 0.0816 5 Payment history
0.0000 0.0223 5 Payment history
0.0000 0.0775 5 Payment history
0.0000 0.0119 2 New credit
0.0000 0.0001 2 New credit
0.0000 0.0048 2 New credit
0.0000 0.0005 4 Amounts owed
0.0000 0.0024 2 New credit
0.0000 0.0003 2 New credit
0.0000 0.0100 2 New credit
0.0000 0.0096 2 New credit
0.0000 0.0006 2 New credit
0.0000 0.0060 2 New credit
0.0000 0.0114 2 New credit
0.0000 0.0005 2 New credit
0.0000 0.0118 5 Payment history
0.0000 0.0001 2 New credit
0.0000 0.0052 5 Payment history
0.0000 0.0051 5 Payment history
0.0000 0.0000 5 Payment history
0.0000 0.0000 5 Payment history
0.0000 0.0000 5 Payment history
0.0000 0.0000 5 Payment history
Return to Figure 1

Figure 1 Panel (g): Correlations with Credit Performance and Demographics for the 312 Credit Characteristics

Correlation with Demographic Characteristic, Married Female Correlation with Credit Performance Credit Characteristic Group Number Credit Characteristic Group Definition
0.0971 0.0202 1 Types of credit
0.0857 0.0482 5 Payment history
0.0780 0.0378 1 Types of credit
0.0756 0.0376 1 Types of credit
0.0734 0.0218 2 New credit
0.0730 0.0375 1 Types of credit
0.0691 0.0365 1 Types of credit
0.0656 0.0365 1 Types of credit
0.0619 0.0280 2 New credit
0.0559 0.0544 5 Payment history
0.0554 0.0427 1 Types of credit
0.0545 0.0423 1 Types of credit
0.0538 0.0421 1 Types of credit
0.0536 0.0414 1 Types of credit
0.0535 0.0413 1 Types of credit
0.0529 0.0114 2 New credit
0.0425 0.0119 2 New credit
0.0388 0.1271 4 Amounts owed
0.0356 0.0758 4 Amounts owed
0.0353 0.0001 4 Amounts owed
0.0353 0.1275 4 Amounts owed
0.0330 0.0100 2 New credit
0.0313 0.0493 3 Credit history length
0.0309 0.0103 2 New credit
0.0298 0.0757 4 Amounts owed
0.0263 0.0000 1 Types of credit
0.0248 0.0475 4 Amounts owed
0.0242 0.0107 2 New credit
0.0183 0.0085 2 New credit
0.0149 0.0828 1 Types of credit
0.0146 0.0060 2 New credit
0.0140 0.0954 5 Payment history
0.0119 0.0791 1 Types of credit
0.0115 0.0788 1 Types of credit
0.0111 0.0783 1 Types of credit
0.0106 0.0776 1 Types of credit
0.0100 0.0039 2 New credit
0.0100 0.0765 1 Types of credit
0.0099 0.0542 4 Amounts owed
0.0089 0.0013 1 Types of credit
0.0086 0.0050 2 New credit
0.0083 0.1291 5 Payment history
0.0077 0.0282 1 Types of credit
0.0075 0.0611 1 Types of credit
0.0075 0.0849 5 Payment history
0.0073 0.0858 5 Payment history
0.0073 0.0848 5 Payment history
0.0073 0.0863 5 Payment history
0.0073 0.0123 2 New credit
0.0070 0.0869 5 Payment history
0.0069 0.0873 5 Payment history
0.0067 0.0099 1 Types of credit
0.0062 0.2069 4 Amounts owed
0.0062 0.0030 2 New credit
0.0062 0.0002 1 Types of credit
0.0057 0.0066 3 Credit history length
0.0055 0.0065 1 Types of credit
0.0053 0.0004 5 Payment history
0.0053 0.0135 4 Amounts owed
0.0053 0.0056 1 Types of credit
0.0049 0.0558 1 Types of credit
0.0048 0.0063 5 Payment history
0.0048 0.0183 1 Types of credit
0.0047 0.0081 3 Credit history length
0.0046 0.0557 1 Types of credit
0.0043 0.0033 4 Amounts owed
0.0043 0.0075 2 New credit
0.0043 0.0554 1 Types of credit
0.0041 0.0074 1 Types of credit
0.0040 0.0036 2 New credit
0.0040 0.0079 1 Types of credit
0.0040 0.0076 1 Types of credit
0.0040 0.0038 3 Credit history length
0.0039 0.0581 1 Types of credit
0.0038 0.0195 5 Payment history
0.0036 0.0195 3 Credit history length
0.0035 0.0584 1 Types of credit
0.0035 0.0026 4 Amounts owed
0.0035 0.0089 2 New credit
0.0033 0.0181 5 Payment history
0.0031 0.0045 5 Payment history
0.0031 0.0739 2 New credit
0.0031 0.1046 4 Amounts owed
0.0030 0.0070 2 New credit
0.0029 0.1690 4 Amounts owed
0.0029 0.0624 4 Amounts owed
0.0026 0.0147 4 Amounts owed
0.0025 0.0046 4 Amounts owed
0.0024 0.0021 2 New credit
0.0024 0.0152 2 New credit
0.0023 0.0321 3 Credit history length
0.0023 0.0045 5 Payment history
0.0023 0.0041 1 Types of credit
0.0023 0.0046 5 Payment history
0.0022 0.0688 3 Credit history length
0.0022 0.0381 1 Types of credit
0.0022 0.0041 1 Types of credit
0.0022 0.1074 3 Credit history length
0.0022 0.0023 1 Types of credit
0.0022 0.0290 2 New credit
0.0022 0.0056 1 Types of credit
0.0021 0.0041 1 Types of credit
0.0021 0.0024 2 New credit
0.0021 0.0345 2 New credit
0.0021 0.0003 4 Amounts owed
0.0020 0.0192 1 Types of credit
0.0020 0.0039 1 Types of credit
0.0020 0.0024 2 New credit
0.0020 0.0042 2 New credit
0.0020 0.0064 5 Payment history
0.0020 0.0039 1 Types of credit
0.0019 0.0129 2 New credit
0.0018 0.3070 4 Amounts owed
0.0018 0.1038 3 Credit history length
0.0018 0.0308 1 Types of credit
0.0015 0.1779 1 Types of credit
0.0015 0.0544 2 New credit
0.0015 0.0019 2 New credit
0.0015 0.0496 2 New credit
0.0014 0.0534 5 Payment history
0.0014 0.0031 2 New credit
0.0014 0.0070 5 Payment history
0.0014 0.2596 4 Amounts owed
0.0014 0.0023 2 New credit
0.0014 0.0349 4 Amounts owed
0.0013 0.0039 4 Amounts owed
0.0013 0.0099 2 New credit
0.0013 0.0084 4 Amounts owed
0.0012 0.0022 4 Amounts owed
0.0012 0.0142 4 Amounts owed
0.0012 0.0002 4 Amounts owed
0.0011 0.0265 2 New credit
0.0010 0.1834 3 Credit history length
0.0010 0.0296 1 Types of credit
0.0009 0.0012 2 New credit
0.0009 0.0896 3 Credit history length
0.0009 0.0018 2 New credit
0.0009 0.0229 2 New credit
0.0008 0.1040 5 Payment history
0.0008 0.0054 2 New credit
0.0008 0.0055 2 New credit
0.0007 0.0366 3 Credit history length
0.0007 0.0043 4 Amounts owed
0.0007 0.0007 2 New credit
0.0007 0.1335 2 New credit
0.0007 0.0618 5 Payment history
0.0007 0.2610 4 Amounts owed
0.0007 0.0148 4 Amounts owed
0.0007 0.0014 1 Types of credit
0.0007 0.2486 4 Amounts owed
0.0006 0.0034 2 New credit
0.0006 0.1398 4 Amounts owed
0.0006 0.0138 4 Amounts owed
0.0006 0.0239 4 Amounts owed
0.0006 0.2493 4 Amounts owed
0.0006 0.0170 4 Amounts owed
0.0006 0.0025 4 Amounts owed
0.0006 0.0258 5 Payment history
0.0006 0.0177 1 Types of credit
0.0006 0.0157 4 Amounts owed
0.0005 0.0198 2 New credit
0.0005 0.0006 2 New credit
0.0005 0.0230 4 Amounts owed
0.0005 0.0235 2 New credit
0.0005 0.0196 4 Amounts owed
0.0005 0.0049 4 Amounts owed
0.0005 0.0330 2 New credit
0.0005 0.0011 2 New credit
0.0005 0.0231 3 Credit history length
0.0005 0.1117 4 Amounts owed
0.0005 0.0273 2 New credit
0.0005 0.0221 4 Amounts owed
0.0004 0.1022 2 New credit
0.0004 0.1019 2 New credit
0.0004 0.0187 2 New credit
0.0004 0.1015 2 New credit
0.0004 0.1053 5 Payment history
0.0004 0.0626 4 Amounts owed
0.0004 0.0005 2 New credit
0.0004 0.1010 2 New credit
0.0004 0.1009 2 New credit
0.0003 0.0027 2 New credit
0.0003 0.0111 2 New credit
0.0003 0.0035 4 Amounts owed
0.0003 0.0066 2 New credit
0.0003 0.0195 3 Credit history length
0.0003 0.0096 2 New credit
0.0003 0.3692 5 Payment history
0.0002 0.0051 2 New credit
0.0002 0.4309 5 Payment history
0.0002 0.0000 4 Amounts owed
0.0002 0.4182 5 Payment history
0.0002 0.0117 1 Types of credit
0.0002 0.0117 5 Payment history
0.0002 0.3991 5 Payment history
0.0002 0.0816 5 Payment history
0.0002 0.0003 2 New credit
0.0002 0.0775 5 Payment history
0.0002 0.2613 5 Payment history
0.0002 0.2438 5 Payment history
0.0002 0.0443 5 Payment history
0.0002 0.0488 5 Payment history
0.0002 0.0511 5 Payment history
0.0002 0.0056 4 Amounts owed
0.0002 0.0046 4 Amounts owed
0.0002 0.0120 1 Types of credit
0.0002 0.0048 2 New credit
0.0002 0.0845 5 Payment history
0.0002 0.0567 5 Payment history
0.0002 0.0056 2 New credit
0.0002 0.2614 5 Payment history
0.0001 0.0050 4 Amounts owed
0.0001 0.4398 5 Payment history
0.0001 0.0053 4 Amounts owed
0.0001 0.2240 5 Payment history
0.0001 0.2951 5 Payment history
0.0001 0.0388 5 Payment history
0.0001 0.0000 4 Amounts owed
0.0001 0.0407 5 Payment history
0.0001 0.1794 2 New credit
0.0001 0.0712 4 Amounts owed
0.0001 0.0718 5 Payment history
0.0001 0.0039 2 New credit
0.0001 0.0284 1 Types of credit
0.0001 0.0482 5 Payment history
0.0001 0.0454 5 Payment history
0.0001 0.0448 5 Payment history
0.0001 0.0863 5 Payment history
0.0001 0.0071 4 Amounts owed
0.0001 0.0205 5 Payment history
0.0001 0.0322 5 Payment history
0.0001 0.0185 4 Amounts owed
0.0001 0.2336 5 Payment history
0.0001 0.0199 1 Types of credit
0.0001 0.0000 4 Amounts owed
0.0001 0.0001 4 Amounts owed
0.0001 0.2885 5 Payment history
0.0001 0.2126 5 Payment history
0.0001 0.1964 5 Payment history
0.0001 0.0848 5 Payment history
0.0001 0.2672 5 Payment history
0.0001 0.0001 2 New credit
0.0001 0.2060 5 Payment history
0.0001 0.0349 5 Payment history
0.0001 0.1982 5 Payment history
0.0001 0.0097 5 Payment history
0.0001 0.1898 5 Payment history
0.0001 0.0069 2 New credit
0.0001 0.0780 5 Payment history
0.0001 0.2995 5 Payment history
0.0001 0.1848 5 Payment history
0.0001 0.0001 2 New credit
0.0001 0.0751 5 Payment history
0.0001 0.0784 5 Payment history
0.0000 0.0294 5 Payment history
0.0000 0.0342 5 Payment history
0.0000 0.0297 5 Payment history
0.0000 0.0118 5 Payment history
0.0000 0.1619 5 Payment history
0.0000 0.0334 5 Payment history
0.0000 0.2526 5 Payment history
0.0000 0.1600 5 Payment history
0.0000 0.1353 5 Payment history
0.0000 0.0250 5 Payment history
0.0000 0.1868 4 Amounts owed
0.0000 0.0223 5 Payment history
0.0000 0.0059 5 Payment history
0.0000 0.1159 5 Payment history
0.0000 0.0852 5 Payment history
0.0000 0.0076 5 Payment history
0.0000 0.0349 5 Payment history
0.0000 0.0024 2 New credit
0.0000 0.1382 5 Payment history
0.0000 0.0760 5 Payment history
0.0000 0.0000 1 Types of credit
0.0000 0.1675 5 Payment history
0.0000 0.1252 5 Payment history
0.0000 0.1614 5 Payment history
0.0000 0.0046 2 New credit
0.0000 0.0005 4 Amounts owed
0.0000 0.0051 5 Payment history
0.0000 0.0592 5 Payment history
0.0000 0.1487 5 Payment history
0.0000 0.0100 5 Payment history
0.0000 0.0823 5 Payment history
0.0000 0.0032 5 Payment history
0.0000 0.1224 5 Payment history
0.0000 0.0653 1 Types of credit
0.0000 0.0615 5 Payment history
0.0000 0.0661 1 Types of credit
0.0000 0.1321 5 Payment history
0.0000 0.1115 5 Payment history
0.0000 0.0658 1 Types of credit
0.0000 0.0000 2 New credit
0.0000 0.0639 1 Types of credit
0.0000 0.0052 5 Payment history
0.0000 0.0876 5 Payment history
0.0000 0.0651 1 Types of credit
0.0000 0.0561 5 Payment history
0.0000 0.0249 1 Types of credit
0.0000 0.0589 5 Payment history
0.0000 0.0002 5 Payment history
0.0000 0.0452 5 Payment history
0.0000 0.0867 5 Payment history
0.0000 0.0004 2 New credit
0.0000 0.0020 5 Payment history
0.0000 0.0288 5 Payment history
0.0000 0.0829 5 Payment history
0.0000 0.0000 5 Payment history
0.0000 0.0000 5 Payment history
0.0000 0.0000 5 Payment history
0.0000 0.0000 5 Payment history
Return to Figure 1

Figure 1 Panel (h): Correlations with Credit Performance and Demographics for the 312 Credit Characteristics

Correlation with Demographic Characteristic, Single Female Correlation with Credit Performance Credit Characteristic Group Number Credit Characteristic Group Definition
0.0623 0.0366 3 Credit history length
0.0579 0.0330 2 New credit
0.0487 0.0296 1 Types of credit
0.0460 0.1834 3 Credit history length
0.0447 0.0202 1 Types of credit
0.0432 0.0195 3 Credit history length
0.0424 0.1794 2 New credit
0.0399 0.1038 3 Credit history length
0.0384 0.0218 2 New credit
0.0383 0.1868 4 Amounts owed
0.0370 0.0896 3 Credit history length
0.0363 0.0321 3 Credit history length
0.0351 0.1053 5 Payment history
0.0349 0.1022 2 New credit
0.0348 0.1019 2 New credit
0.0348 0.1117 4 Amounts owed
0.0347 0.0239 4 Amounts owed
0.0347 0.1015 2 New credit
0.0347 0.0099 1 Types of credit
0.0346 0.0230 4 Amounts owed
0.0344 0.1010 2 New credit
0.0343 0.0231 3 Credit history length
0.0342 0.1009 2 New credit
0.0340 0.0114 2 New credit
0.0339 0.1779 1 Types of credit
0.0338 0.0066 3 Credit history length
0.0338 0.1074 3 Credit history length
0.0318 0.4398 5 Payment history
0.0315 0.0349 4 Amounts owed
0.0299 0.0280 2 New credit
0.0286 0.0258 5 Payment history
0.0284 0.0170 4 Amounts owed
0.0282 0.0482 5 Payment history
0.0270 0.0177 1 Types of credit
0.0266 0.0712 4 Amounts owed
0.0265 0.0378 1 Types of credit
0.0262 0.0013 1 Types of credit
0.0259 0.0119 2 New credit
0.0252 0.4182 5 Payment history
0.0252 0.3991 5 Payment history
0.0251 0.0626 4 Amounts owed
0.0250 0.0376 1 Types of credit
0.0249 0.2493 4 Amounts owed
0.0249 0.2610 4 Amounts owed
0.0245 0.1046 4 Amounts owed
0.0243 0.1291 5 Payment history
0.0241 0.0718 5 Payment history
0.0240 0.4309 5 Payment history
0.0234 0.2486 4 Amounts owed
0.0233 0.0567 5 Payment history
0.0232 0.0375 1 Types of credit
0.0224 0.0488 5 Payment history
0.0217 0.0443 5 Payment history
0.0216 0.0181 5 Payment history
0.0210 0.0688 3 Credit history length
0.0210 0.0142 4 Amounts owed
0.0210 0.0100 2 New credit
0.0208 0.0365 1 Types of credit
0.0206 0.0002 1 Types of credit
0.0204 0.0195 5 Payment history
0.0203 0.0493 3 Credit history length
0.0199 0.0001 4 Amounts owed
0.0191 0.2995 5 Payment history
0.0185 0.3070 4 Amounts owed
0.0182 0.0876 5 Payment history
0.0182 0.0365 1 Types of credit
0.0173 0.2672 5 Payment history
0.0172 0.0823 5 Payment history
0.0172 0.0157 4 Amounts owed
0.0171 0.0075 2 New credit
0.0168 0.0103 2 New credit
0.0168 0.2526 5 Payment history
0.0166 0.1398 4 Amounts owed
0.0165 0.2885 5 Payment history
0.0160 0.1335 2 New credit
0.0158 0.0120 1 Types of credit
0.0156 0.3692 5 Payment history
0.0155 0.2596 4 Amounts owed
0.0155 0.0829 5 Payment history
0.0154 0.1982 5 Payment history
0.0153 0.0148 4 Amounts owed
0.0153 0.0117 1 Types of credit
0.0153 0.0117 5 Payment history
0.0151 0.1690 4 Amounts owed
0.0150 0.0138 4 Amounts owed
0.0148 0.0056 1 Types of credit
0.0145 0.0123 2 New credit
0.0142 0.0284 1 Types of credit
0.0139 0.0653 1 Types of credit
0.0137 0.0661 1 Types of credit
0.0137 0.0658 1 Types of credit
0.0136 0.0639 1 Types of credit
0.0136 0.0651 1 Types of credit
0.0133 0.0147 4 Amounts owed
0.0120 0.2614 5 Payment history
0.0119 0.0107 2 New credit
0.0116 0.2069 4 Amounts owed
0.0114 0.0192 1 Types of credit
0.0114 0.0282 1 Types of credit
0.0113 0.0273 2 New credit
0.0113 0.0427 1 Types of credit
0.0112 0.2951 5 Payment history
0.0112 0.0022 4 Amounts owed
0.0111 0.2060 5 Payment history
0.0111 0.2336 5 Payment history
0.0109 0.0423 1 Types of credit
0.0106 0.0045 5 Payment history
0.0106 0.0421 1 Types of credit
0.0106 0.0414 1 Types of credit
0.0105 0.0413 1 Types of credit
0.0104 0.0235 2 New credit
0.0103 0.0003 4 Amounts owed
0.0101 0.0081 3 Credit history length
0.0099 0.0000 1 Types of credit
0.0098 0.2126 5 Payment history
0.0097 0.0085 2 New credit
0.0097 0.1848 5 Payment history
0.0096 0.0584 1 Types of credit
0.0093 0.0249 1 Types of credit
0.0091 0.0581 1 Types of credit
0.0091 0.0544 5 Payment history
0.0090 0.0045 5 Payment history
0.0090 0.0060 2 New credit
0.0089 0.1271 4 Amounts owed
0.0089 0.2613 5 Payment history
0.0086 0.0063 5 Payment history
0.0081 0.0873 5 Payment history
0.0081 0.1275 4 Amounts owed
0.0080 0.0869 5 Payment history
0.0080 0.1898 5 Payment history
0.0079 0.0187 2 New credit
0.0079 0.0858 5 Payment history
0.0079 0.2438 5 Payment history
0.0078 0.0863 5 Payment history
0.0078 0.1619 5 Payment history
0.0078 0.0064 5 Payment history
0.0077 0.0023 1 Types of credit
0.0076 0.0135 4 Amounts owed
0.0076 0.0848 5 Payment history
0.0075 0.0021 2 New credit
0.0075 0.0046 4 Amounts owed
0.0074 0.0849 5 Payment history
0.0072 0.0554 1 Types of credit
0.0072 0.0183 1 Types of credit
0.0070 0.0024 2 New credit
0.0069 0.0004 5 Payment history
0.0068 0.0557 1 Types of credit
0.0068 0.0002 4 Amounts owed
0.0066 0.0039 2 New credit
0.0066 0.0558 1 Types of credit
0.0065 0.2240 5 Payment history
0.0063 0.0049 4 Amounts owed
0.0059 0.0084 4 Amounts owed
0.0059 0.0199 1 Types of credit
0.0058 0.1600 5 Payment history
0.0058 0.1353 5 Payment history
0.0057 0.0611 1 Types of credit
0.0056 0.0185 4 Amounts owed
0.0055 0.0025 4 Amounts owed
0.0053 0.0050 4 Amounts owed
0.0052 0.0065 1 Types of credit
0.0051 0.0071 4 Amounts owed
0.0050 0.0056 4 Amounts owed
0.0048 0.0023 2 New credit
0.0048 0.0056 1 Types of credit
0.0047 0.0053 4 Amounts owed
0.0047 0.0111 2 New credit
0.0046 0.0035 4 Amounts owed
0.0045 0.1964 5 Payment history
0.0045 0.0624 4 Amounts owed
0.0045 0.1224 5 Payment history
0.0044 0.1115 5 Payment history
0.0044 0.0050 2 New credit
0.0044 0.1321 5 Payment history
0.0044 0.0867 5 Payment history
0.0043 0.0000 4 Amounts owed
0.0039 0.1487 5 Payment history
0.0038 0.0863 5 Payment history
0.0037 0.0758 4 Amounts owed
0.0035 0.0030 2 New credit
0.0035 0.1675 5 Payment history
0.0033 0.0043 4 Amounts owed
0.0033 0.0014 1 Types of credit
0.0033 0.0765 1 Types of credit
0.0032 0.0018 2 New credit
0.0032 0.0615 5 Payment history
0.0029 0.0308 1 Types of credit
0.0029 0.0776 1 Types of credit
0.0028 0.0070 2 New credit
0.0028 0.0066 2 New credit
0.0028 0.0089 2 New credit
0.0027 0.0954 5 Payment history
0.0026 0.0783 1 Types of credit
0.0025 0.0038 3 Credit history length
0.0024 0.0031 2 New credit
0.0024 0.0407 5 Payment history
0.0024 0.0788 1 Types of credit
0.0023 0.0036 2 New credit
0.0023 0.0011 2 New credit
0.0022 0.0791 1 Types of credit
0.0022 0.0042 2 New credit
0.0022 0.0511 5 Payment history
0.0021 0.0195 3 Credit history length
0.0021 0.0828 1 Types of credit
0.0020 0.1159 5 Payment history
0.0020 0.1614 5 Payment history
0.0020 0.0448 5 Payment history
0.0020 0.0454 5 Payment history
0.0019 0.0482 5 Payment history
0.0018 0.0561 5 Payment history
0.0018 0.0019 2 New credit
0.0017 0.0074 1 Types of credit
0.0017 0.1040 5 Payment history
0.0017 0.0079 1 Types of credit
0.0017 0.0381 1 Types of credit
0.0017 0.0757 4 Amounts owed
0.0017 0.0780 5 Payment history
0.0017 0.0076 1 Types of credit
0.0015 0.0388 5 Payment history
0.0015 0.0784 5 Payment history
0.0015 0.0751 5 Payment history
0.0014 0.0007 2 New credit
0.0014 0.0069 2 New credit
0.0014 0.0152 2 New credit
0.0014 0.0033 4 Amounts owed
0.0012 0.0852 5 Payment history
0.0011 0.0129 2 New credit
0.0011 0.0349 5 Payment history
0.0011 0.0592 5 Payment history
0.0010 0.0294 5 Payment history
0.0010 0.0542 4 Amounts owed
0.0010 0.0000 4 Amounts owed
0.0009 0.0051 2 New credit
0.0009 0.0070 5 Payment history
0.0009 0.0034 2 New credit
0.0008 0.0322 5 Payment history
0.0008 0.0055 2 New credit
0.0007 0.0349 5 Payment history
0.0007 0.0001 4 Amounts owed
0.0007 0.0026 4 Amounts owed
0.0007 0.0452 5 Payment history
0.0007 0.0250 5 Payment history
0.0007 0.0056 2 New credit
0.0007 0.0099 2 New credit
0.0006 0.0046 4 Amounts owed
0.0005 0.0046 2 New credit
0.0005 0.0041 1 Types of credit
0.0005 0.0054 2 New credit
0.0005 0.0221 4 Amounts owed
0.0005 0.0041 1 Types of credit
0.0005 0.0039 2 New credit
0.0005 0.0039 1 Types of credit
0.0005 0.0845 5 Payment history
0.0005 0.0288 5 Payment history
0.0005 0.0006 2 New credit
0.0004 0.0041 1 Types of credit
0.0004 0.0589 5 Payment history
0.0004 0.1382 5 Payment history
0.0004 0.0046 5 Payment history
0.0004 0.0039 1 Types of credit
0.0004 0.0475 4 Amounts owed
0.0004 0.0342 5 Payment history
0.0004 0.0816 5 Payment history
0.0004 0.0848 5 Payment history
0.0004 0.0618 5 Payment history
0.0003 0.0024 2 New credit
0.0003 0.0760 5 Payment history
0.0003 0.0027 2 New credit
0.0003 0.0775 5 Payment history
0.0003 0.0024 2 New credit
0.0003 0.0012 2 New credit
0.0003 0.0334 5 Payment history
0.0003 0.0265 2 New credit
0.0003 0.0005 2 New credit
0.0002 0.0205 5 Payment history
0.0002 0.0297 5 Payment history
0.0002 0.0196 4 Amounts owed
0.0002 0.0000 4 Amounts owed
0.0001 0.0229 2 New credit
0.0001 0.0003 2 New credit
0.0001 0.0100 5 Payment history
0.0001 0.0496 2 New credit
0.0001 0.0290 2 New credit
0.0001 0.0118 5 Payment history
0.0001 0.0739 2 New credit
0.0001 0.0002 5 Payment history
0.0001 0.0097 5 Payment history
0.0001 0.1252 5 Payment history
0.0001 0.0039 4 Amounts owed
0.0001 0.0223 5 Payment history
0.0001 0.0051 5 Payment history
0.0001 0.0000 1 Types of credit
0.0001 0.0076 5 Payment history
0.0001 0.0001 2 New credit
0.0000 0.0032 5 Payment history
0.0000 0.0048 2 New credit
0.0000 0.0096 2 New credit
0.0000 0.0001 2 New credit
0.0000 0.0198 2 New credit
0.0000 0.0345 2 New credit
0.0000 0.0000 2 New credit
0.0000 0.0544 2 New credit
0.0000 0.0052 5 Payment history
0.0000 0.0005 4 Amounts owed
0.0000 0.0020 5 Payment history
0.0000 0.0059 5 Payment history
0.0000 0.0004 2 New credit
0.0000 0.0534 5 Payment history
0.0000 0.0000 5 Payment history
0.0000 0.0000 5 Payment history
0.0000 0.0000 5 Payment history
0.0000 0.0000 5 Payment history
Return to Figure 1

Figure 1 Panel (i): Correlations with Credit Performance and Demographics for the 312 Credit Characteristics

Correlation with Demographic Characteristic, Foreign-born Correlation with Credit Performance Credit Characteristic Group Number Credit Characteristic Group Definition
0.0161 0.1074 3 Credit history length
0.0159 0.0321 3 Credit history length
0.0158 0.0896 3 Credit history length
0.0123 0.0493 3 Credit history length
0.0114 0.1038 3 Credit history length
0.0112 0.0688 3 Credit history length
0.0058 0.0280 2 New credit
0.0057 0.0066 3 Credit history length
0.0055 0.0004 2 New credit
0.0053 0.0013 1 Types of credit
0.0050 0.1834 3 Credit history length
0.0049 0.1335 2 New credit
0.0047 0.0218 2 New credit
0.0045 0.0024 2 New credit
0.0033 0.0103 2 New credit
0.0032 0.0046 2 New credit
0.0032 0.0496 2 New credit
0.0031 0.0195 3 Credit history length
0.0030 0.0739 2 New credit
0.0030 0.0024 2 New credit
0.0029 0.0107 2 New credit
0.0027 0.0114 2 New credit
0.0027 0.0661 1 Types of credit
0.0026 0.0658 1 Types of credit
0.0026 0.0653 1 Types of credit
0.0025 0.0651 1 Types of credit
0.0025 0.0119 2 New credit
0.0025 0.0639 1 Types of credit
0.0025 0.0345 2 New credit
0.0023 0.0829 5 Payment history
0.0022 0.0239 4 Amounts owed
0.0021 0.0012 2 New credit
0.0020 0.0085 2 New credit
0.0020 0.0290 2 New credit
0.0020 0.0282 1 Types of credit
0.0020 0.0823 5 Payment history
0.0020 0.1046 4 Amounts owed
0.0019 0.0100 2 New credit
0.0019 0.0366 3 Credit history length
0.0019 0.1794 2 New credit
0.0019 0.0876 5 Payment history
0.0019 0.0249 1 Types of credit
0.0019 0.0148 4 Amounts owed
0.0019 0.0157 4 Amounts owed
0.0019 0.0034 2 New credit
0.0019 0.0138 4 Amounts owed
0.0019 0.0051 2 New credit
0.0016 0.1398 4 Amounts owed
0.0016 0.0123 2 New credit
0.0015 0.0081 3 Credit history length
0.0015 0.0776 1 Types of credit
0.0015 0.0765 1 Types of credit
0.0015 0.0055 2 New credit
0.0015 0.0783 1 Types of credit
0.0015 0.0788 1 Types of credit
0.0014 0.0791 1 Types of credit
0.0014 0.1779 1 Types of credit
0.0014 0.0065 1 Types of credit
0.0014 0.2486 4 Amounts owed
0.0014 0.2493 4 Amounts owed
0.0014 0.0038 3 Credit history length
0.0014 0.2610 4 Amounts owed
0.0014 0.1690 4 Amounts owed
0.0014 0.3070 4 Amounts owed
0.0013 0.0045 5 Payment history
0.0013 0.0056 1 Types of credit
0.0013 0.0135 4 Amounts owed
0.0013 0.0757 4 Amounts owed
0.0013 0.0074 1 Types of credit
0.0012 0.0036 2 New credit
0.0012 0.0079 1 Types of credit
0.0012 0.0076 1 Types of credit
0.0012 0.0185 4 Amounts owed
0.0012 0.0004 5 Payment history
0.0012 0.0199 1 Types of credit
0.0011 0.0284 1 Types of credit
0.0011 0.0142 4 Amounts owed
0.0011 0.0060 2 New credit
0.0011 0.2069 4 Amounts owed
0.0011 0.0069 2 New credit
0.0010 0.0349 4 Amounts owed
0.0010 0.0050 2 New credit
0.0010 0.2596 4 Amounts owed
0.0010 0.0089 2 New credit
0.0010 0.0758 4 Amounts owed
0.0010 0.0021 2 New credit
0.0009 0.0413 1 Types of credit
0.0009 0.1271 4 Amounts owed
0.0009 0.0414 1 Types of credit
0.0009 0.0421 1 Types of credit
0.0009 0.0039 2 New credit
0.0009 0.0423 1 Types of credit
0.0009 0.4398 5 Payment history
0.0009 0.0828 1 Types of credit
0.0009 0.0954 5 Payment history
0.0008 0.0427 1 Types of credit
0.0008 0.0024 2 New credit
0.0008 0.0070 2 New credit
0.0008 0.1275 4 Amounts owed
0.0007 0.0099 1 Types of credit
0.0007 0.0039 2 New credit
0.0007 0.0056 2 New credit
0.0007 0.0581 1 Types of credit
0.0007 0.0584 1 Types of credit
0.0007 0.0365 1 Types of credit
0.0007 0.0042 2 New credit
0.0006 0.0064 5 Payment history
0.0006 0.0544 5 Payment history
0.0006 0.0365 1 Types of credit
0.0006 0.0030 2 New credit
0.0006 0.0557 1 Types of credit
0.0006 0.0554 1 Types of credit
0.0006 0.0375 1 Types of credit
0.0006 0.0558 1 Types of credit
0.0006 0.0023 1 Types of credit
0.0006 0.0023 2 New credit
0.0006 0.0376 1 Types of credit
0.0006 0.0330 2 New credit
0.0005 0.2995 5 Payment history
0.0005 0.1252 5 Payment history
0.0005 0.0378 1 Types of credit
0.0005 0.1382 5 Payment history
0.0005 0.0084 4 Amounts owed
0.0005 0.1614 5 Payment history
0.0004 0.0035 4 Amounts owed
0.0004 0.0049 4 Amounts owed
0.0004 0.0873 5 Payment history
0.0004 0.0534 5 Payment history
0.0004 0.0202 1 Types of credit
0.0003 0.1040 5 Payment history
0.0003 0.0046 4 Amounts owed
0.0003 0.0018 2 New credit
0.0003 0.0869 5 Payment history
0.0003 0.0611 1 Types of credit
0.0003 0.0002 5 Payment history
0.0003 0.0183 1 Types of credit
0.0003 0.0019 2 New credit
0.0003 0.0039 1 Types of credit
0.0003 0.0542 4 Amounts owed
0.0003 0.0045 5 Payment history
0.0003 0.0075 2 New credit
0.0003 0.0041 1 Types of credit
0.0003 0.0195 3 Credit history length
0.0003 0.1159 5 Payment history
0.0003 0.0041 1 Types of credit
0.0003 0.0041 1 Types of credit
0.0003 0.0177 1 Types of credit
0.0003 0.0039 1 Types of credit
0.0003 0.0863 5 Payment history
0.0003 0.1117 4 Amounts owed
0.0003 0.0258 5 Payment history
0.0003 0.0624 4 Amounts owed
0.0003 0.0482 5 Payment history
0.0002 0.0046 5 Payment history
0.0002 0.0170 4 Amounts owed
0.0002 0.0014 1 Types of credit
0.0002 0.0230 4 Amounts owed
0.0002 0.0011 2 New credit
0.0002 0.1224 5 Payment history
0.0002 0.0003 4 Amounts owed
0.0002 0.0005 2 New credit
0.0002 0.0006 2 New credit
0.0002 0.0043 4 Amounts owed
0.0002 0.0475 4 Amounts owed
0.0002 0.0231 3 Credit history length
0.0002 0.0381 1 Types of credit
0.0002 0.0007 2 New credit
0.0002 0.0152 2 New credit
0.0002 0.0002 4 Amounts owed
0.0002 0.1868 4 Amounts owed
0.0002 0.0288 5 Payment history
0.0002 0.0273 2 New credit
0.0002 0.0000 1 Types of credit
0.0002 0.0003 2 New credit
0.0002 0.0221 4 Amounts owed
0.0002 0.3991 5 Payment history
0.0001 0.0181 5 Payment history
0.0001 0.0848 5 Payment history
0.0001 0.0265 2 New credit
0.0001 0.0129 2 New credit
0.0001 0.0063 5 Payment history
0.0001 0.0099 2 New credit
0.0001 0.0867 5 Payment history
0.0001 0.0544 2 New credit
0.0001 0.0022 4 Amounts owed
0.0001 0.2951 5 Payment history
0.0001 0.0229 2 New credit
0.0001 0.0863 5 Payment history
0.0001 0.0000 4 Amounts owed
0.0001 0.0025 4 Amounts owed
0.0001 0.0615 5 Payment history
0.0001 0.0056 1 Types of credit
0.0001 0.0001 4 Amounts owed
0.0001 0.0198 2 New credit
0.0001 0.0117 1 Types of credit
0.0001 0.0117 5 Payment history
0.0001 0.0120 1 Types of credit
0.0001 0.0235 2 New credit
0.0001 0.0443 5 Payment history
0.0001 0.4182 5 Payment history
0.0001 0.0626 4 Amounts owed
0.0001 0.0488 5 Payment history
0.0001 0.0070 5 Payment history
0.0001 0.0308 1 Types of credit
0.0001 0.0589 5 Payment history
0.0001 0.0567 5 Payment history
0.0001 0.0054 2 New credit
0.0001 0.0760 5 Payment history
0.0001 0.0039 4 Amounts owed
0.0001 0.0096 2 New credit
0.0001 0.0032 5 Payment history
0.0001 0.0775 5 Payment history
0.0001 0.0407 5 Payment history
0.0001 0.0322 5 Payment history
0.0001 0.0849 5 Payment history
0.0001 0.2614 5 Payment history
0.0000 0.4309 5 Payment history
0.0000 0.0852 5 Payment history
0.0000 0.0845 5 Payment history
0.0000 0.2885 5 Payment history
0.0000 0.0001 2 New credit
0.0000 0.0718 5 Payment history
0.0000 0.0848 5 Payment history
0.0000 0.1291 5 Payment history
0.0000 0.0816 5 Payment history
0.0000 0.0000 4 Amounts owed
0.0000 0.0027 2 New credit
0.0000 0.0195 5 Payment history
0.0000 0.0048 2 New credit
0.0000 0.0618 5 Payment history
0.0000 0.0511 5 Payment history
0.0000 0.0001 2 New credit
0.0000 0.1115 5 Payment history
0.0000 0.0097 5 Payment history
0.0000 0.0205 5 Payment history
0.0000 0.0002 1 Types of credit
0.0000 0.2672 5 Payment history
0.0000 0.0187 2 New credit
0.0000 0.0388 5 Payment history
0.0000 0.0033 4 Amounts owed
0.0000 0.0192 1 Types of credit
0.0000 0.1353 5 Payment history
0.0000 0.0712 4 Amounts owed
0.0000 0.0000 4 Amounts owed
0.0000 0.1619 5 Payment history
0.0000 0.0147 4 Amounts owed
0.0000 0.0592 5 Payment history
0.0000 0.0482 5 Payment history
0.0000 0.0001 4 Amounts owed
0.0000 0.0059 5 Payment history
0.0000 0.1848 5 Payment history
0.0000 0.3692 5 Payment history
0.0000 0.2526 5 Payment history
0.0000 0.1321 5 Payment history
0.0000 0.0005 4 Amounts owed
0.0000 0.0784 5 Payment history
0.0000 0.0751 5 Payment history
0.0000 0.0046 4 Amounts owed
0.0000 0.0454 5 Payment history
0.0000 0.0118 5 Payment history
0.0000 0.0026 4 Amounts owed
0.0000 0.0297 5 Payment history
0.0000 0.0076 5 Payment history
0.0000 0.0296 1 Types of credit
0.0000 0.0334 5 Payment history
0.0000 0.0071 4 Amounts owed
0.0000 0.0780 5 Payment history
0.0000 0.1898 5 Payment history
0.0000 0.2126 5 Payment history
0.0000 0.2613 5 Payment history
0.0000 0.0342 5 Payment history
0.0000 0.0111 2 New credit
0.0000 0.0052 5 Payment history
0.0000 0.0452 5 Payment history
0.0000 0.0053 4 Amounts owed
0.0000 0.0020 5 Payment history
0.0000 0.1600 5 Payment history
0.0000 0.0349 5 Payment history
0.0000 0.0250 5 Payment history
0.0000 0.1982 5 Payment history
0.0000 0.0858 5 Payment history
0.0000 0.0066 2 New credit
0.0000 0.0294 5 Payment history
0.0000 0.1022 2 New credit
0.0000 0.1019 2 New credit
0.0000 0.1010 2 New credit
0.0000 0.1015 2 New credit
0.0000 0.0223 5 Payment history
0.0000 0.2060 5 Payment history
0.0000 0.1964 5 Payment history
0.0000 0.1009 2 New credit
0.0000 0.0196 4 Amounts owed
0.0000 0.0050 4 Amounts owed
0.0000 0.0051 5 Payment history
0.0000 0.0000 2 New credit
0.0000 0.1675 5 Payment history
0.0000 0.0561 5 Payment history
0.0000 0.2240 5 Payment history
0.0000 0.0448 5 Payment history
0.0000 0.0056 4 Amounts owed
0.0000 0.2438 5 Payment history
0.0000 0.2336 5 Payment history
0.0000 0.0349 5 Payment history
0.0000 0.1487 5 Payment history
0.0000 0.0000 1 Types of credit
0.0000 0.0100 5 Payment history
0.0000 0.0031 2 New credit
0.0000 0.1053 5 Payment history
0.0000 0.0000 5 Payment history
0.0000 0.0000 5 Payment history
0.0000 0.0000 5 Payment history
0.0000 0.0000 5 Payment history
Return to Figure 1

Figure 1 Panel (k): Correlations with Credit Performance and Demographics for the 312 Credit Characteristics

Correlation with Demographic Characteristic, Age Correlation with Credit Performance Credit Characteristic Group Number Credit Characteristic Group Definition
0.4372 0.0896 3 Credit history length
0.4047 0.0688 3 Credit history length
0.3958 0.1074 3 Credit history length
0.3432 0.0321 3 Credit history length
0.2814 0.1038 3 Credit history length
0.2301 0.0493 3 Credit history length
0.1983 0.1834 3 Credit history length
0.1558 0.1794 2 New credit
0.1407 0.2596 4 Amounts owed
0.1207 0.0496 2 New credit
0.1160 0.2069 4 Amounts owed
0.1106 0.1335 2 New credit
0.1047 0.3070 4 Amounts owed
0.0849 0.0280 2 New credit
0.0831 0.1868 4 Amounts owed
0.0798 0.0123 2 New credit
0.0763 0.0135 4 Amounts owed
0.0762 0.0024 2 New credit
0.0756 0.2610 4 Amounts owed
0.0733 0.0218 2 New credit
0.0719 0.4398 5 Payment history
0.0712 0.0366 3 Credit history length
0.0707 0.2493 4 Amounts owed
0.0695 0.0739 2 New credit
0.0640 0.0542 4 Amounts owed
0.0609 0.1271 4 Amounts owed
0.0609 0.0544 5 Payment history
0.0578 0.2486 4 Amounts owed
0.0577 0.0757 4 Amounts owed
0.0562 0.0195 3 Credit history length
0.0551 0.0475 4 Amounts owed
0.0551 0.1275 4 Amounts owed
0.0546 0.3991 5 Payment history
0.0528 0.3692 5 Payment history
0.0508 0.0076 1 Types of credit
0.0508 0.4309 5 Payment history
0.0507 0.0413 1 Types of credit
0.0506 0.0079 1 Types of credit
0.0503 0.0074 1 Types of credit
0.0502 0.0423 1 Types of credit
0.0502 0.0427 1 Types of credit
0.0501 0.0414 1 Types of credit
0.0499 0.0421 1 Types of credit
0.0481 0.4182 5 Payment history
0.0479 0.0330 2 New credit
0.0478 0.0075 2 New credit
0.0452 0.1053 5 Payment history
0.0441 0.1779 1 Types of credit
0.0426 0.1690 4 Amounts owed
0.0423 0.0858 5 Payment history
0.0419 0.0065 1 Types of credit
0.0410 0.0056 1 Types of credit
0.0406 0.1022 2 New credit
0.0402 0.1019 2 New credit
0.0402 0.0758 4 Amounts owed
0.0401 0.1015 2 New credit
0.0399 0.1010 2 New credit
0.0399 0.1009 2 New credit
0.0399 0.0290 2 New credit
0.0398 0.0345 2 New credit
0.0366 0.0012 2 New credit
0.0357 0.1117 4 Amounts owed
0.0347 0.0365 1 Types of credit
0.0336 0.0849 5 Payment history
0.0320 0.0004 5 Payment history
0.0306 0.0034 2 New credit
0.0305 0.0365 1 Types of credit
0.0296 0.0081 3 Credit history length
0.0292 0.0954 5 Payment history
0.0290 0.0089 2 New credit
0.0285 0.0482 5 Payment history
0.0279 0.0375 1 Types of credit
0.0279 0.0828 1 Types of credit
0.0277 0.0544 2 New credit
0.0276 0.2614 5 Payment history
0.0264 0.2995 5 Payment history
0.0264 0.0376 1 Types of credit
0.0264 0.0848 5 Payment history
0.0263 0.0712 4 Amounts owed
0.0262 0.0765 1 Types of credit
0.0254 0.0055 2 New credit
0.0252 0.0378 1 Types of credit
0.0248 0.2951 5 Payment history
0.0246 0.0776 1 Types of credit
0.0246 0.2885 5 Payment history
0.0238 0.0783 1 Types of credit
0.0235 0.0070 2 New credit
0.0234 0.1398 4 Amounts owed
0.0233 0.2672 5 Payment history
0.0231 0.0788 1 Types of credit
0.0227 0.0791 1 Types of credit
0.0223 0.0066 3 Credit history length
0.0216 0.2526 5 Payment history
0.0212 0.1046 4 Amounts owed
0.0211 0.2613 5 Payment history
0.0209 0.0626 4 Amounts owed
0.0199 0.0876 5 Payment history
0.0190 0.0042 2 New credit
0.0187 0.2336 5 Payment history
0.0187 0.0863 5 Payment history
0.0186 0.2438 5 Payment history
0.0180 0.0829 5 Payment history
0.0169 0.2060 5 Payment history
0.0167 0.0823 5 Payment history
0.0165 0.0202 1 Types of credit
0.0161 0.2126 5 Payment history
0.0159 0.2240 5 Payment history
0.0158 0.0869 5 Payment history
0.0155 0.1982 5 Payment history
0.0149 0.0004 2 New credit
0.0142 0.1848 5 Payment history
0.0142 0.1291 5 Payment history
0.0141 0.0873 5 Payment history
0.0135 0.0624 4 Amounts owed
0.0135 0.1898 5 Payment history
0.0132 0.0183 1 Types of credit
0.0130 0.0069 2 New credit
0.0125 0.0639 1 Types of credit
0.0125 0.0651 1 Types of credit
0.0125 0.0653 1 Types of credit
0.0124 0.0661 1 Types of credit
0.0124 0.0658 1 Types of credit
0.0123 0.1964 5 Payment history
0.0121 0.0024 2 New credit
0.0118 0.0064 5 Payment history
0.0117 0.1619 5 Payment history
0.0114 0.0038 3 Credit history length
0.0113 0.0063 5 Payment history
0.0112 0.0031 2 New credit
0.0107 0.1224 5 Payment history
0.0106 0.0023 1 Types of credit
0.0105 0.1614 5 Payment history
0.0105 0.0284 1 Types of credit
0.0103 0.1600 5 Payment history
0.0100 0.0084 4 Amounts owed
0.0098 0.0249 1 Types of credit
0.0096 0.0152 2 New credit
0.0096 0.0036 2 New credit
0.0095 0.0046 2 New credit
0.0094 0.1675 5 Payment history
0.0092 0.0230 4 Amounts owed
0.0090 0.0611 1 Types of credit
0.0089 0.1353 5 Payment history
0.0088 0.0718 5 Payment history
0.0087 0.0129 2 New credit
0.0087 0.0867 5 Payment history
0.0085 0.0019 2 New credit
0.0081 0.0584 1 Types of credit
0.0081 0.0265 2 New credit
0.0081 0.1487 5 Payment history
0.0076 0.1321 5 Payment history
0.0075 0.0581 1 Types of credit
0.0074 0.0863 5 Payment history
0.0074 0.0099 2 New credit
0.0074 0.1159 5 Payment history
0.0073 0.0229 2 New credit
0.0072 0.0567 5 Payment history
0.0072 0.1040 5 Payment history
0.0069 0.0381 1 Types of credit
0.0068 0.1115 5 Payment history
0.0067 0.1382 5 Payment history
0.0065 0.0615 5 Payment history
0.0064 0.0488 5 Payment history
0.0063 0.0198 2 New credit
0.0061 0.0775 5 Payment history
0.0060 0.0816 5 Payment history
0.0059 0.0056 2 New credit
0.0059 0.0443 5 Payment history
0.0058 0.0308 1 Types of credit
0.0058 0.0046 5 Payment history
0.0057 0.0618 5 Payment history
0.0057 0.0845 5 Payment history
0.0055 0.0221 4 Amounts owed
0.0054 0.0780 5 Payment history
0.0054 0.0039 4 Amounts owed
0.0054 0.0021 2 New credit
0.0053 0.1252 5 Payment history
0.0052 0.0051 2 New credit
0.0052 0.0784 5 Payment history
0.0051 0.0000 1 Types of credit
0.0051 0.0002 1 Types of credit
0.0050 0.0554 1 Types of credit
0.0049 0.0751 5 Payment history
0.0049 0.0041 1 Types of credit
0.0049 0.0041 1 Types of credit
0.0049 0.0046 4 Amounts owed
0.0048 0.0557 1 Types of credit
0.0048 0.0848 5 Payment history
0.0047 0.0041 1 Types of credit
0.0047 0.0558 1 Types of credit
0.0047 0.0039 1 Types of credit
0.0047 0.0039 1 Types of credit
0.0045 0.0054 2 New credit
0.0044 0.0024 2 New credit
0.0043 0.0002 4 Amounts owed
0.0042 0.0003 4 Amounts owed
0.0041 0.0007 2 New credit
0.0041 0.0511 5 Payment history
0.0040 0.0023 2 New credit
0.0040 0.0045 5 Payment history
0.0040 0.0192 1 Types of credit
0.0039 0.0760 5 Payment history
0.0039 0.0045 5 Payment history
0.0038 0.0852 5 Payment history
0.0036 0.0561 5 Payment history
0.0035 0.0482 5 Payment history
0.0035 0.0096 2 New credit
0.0034 0.0592 5 Payment history
0.0034 0.0046 4 Amounts owed
0.0031 0.0282 1 Types of credit
0.0031 0.0296 1 Types of credit
0.0029 0.0349 5 Payment history
0.0028 0.0454 5 Payment history
0.0027 0.0027 2 New credit
0.0027 0.0589 5 Payment history
0.0026 0.0199 1 Types of credit
0.0025 0.0114 2 New credit
0.0025 0.0195 3 Credit history length
0.0024 0.0039 2 New credit
0.0024 0.0185 4 Amounts owed
0.0023 0.0056 1 Types of credit
0.0022 0.0117 1 Types of credit
0.0022 0.0117 5 Payment history
0.0022 0.0388 5 Payment history
0.0021 0.0120 1 Types of credit
0.0021 0.0452 5 Payment history
0.0021 0.0239 4 Amounts owed
0.0018 0.0119 2 New credit
0.0017 0.0048 2 New credit
0.0017 0.0018 2 New credit
0.0016 0.0142 4 Amounts owed
0.0015 0.0157 4 Amounts owed
0.0015 0.0349 5 Payment history
0.0014 0.0100 2 New credit
0.0013 0.0026 4 Amounts owed
0.0013 0.0294 5 Payment history
0.0013 0.0448 5 Payment history
0.0012 0.0022 4 Amounts owed
0.0012 0.0288 5 Payment history
0.0011 0.0001 4 Amounts owed
0.0011 0.0250 5 Payment history
0.0010 0.0534 5 Payment history
0.0010 0.0138 4 Amounts owed
0.0010 0.0050 4 Amounts owed
0.0010 0.0071 4 Amounts owed
0.0009 0.0056 4 Amounts owed
0.0009 0.0035 4 Amounts owed
0.0009 0.0053 4 Amounts owed
0.0008 0.0043 4 Amounts owed
0.0007 0.0000 4 Amounts owed
0.0007 0.0011 2 New credit
0.0007 0.0334 5 Payment history
0.0007 0.0196 4 Amounts owed
0.0006 0.0060 2 New credit
0.0006 0.0014 1 Types of credit
0.0006 0.0195 5 Payment history
0.0006 0.0033 4 Amounts owed
0.0006 0.0342 5 Payment history
0.0006 0.0297 5 Payment history
0.0005 0.0049 4 Amounts owed
0.0004 0.0223 5 Payment history
0.0004 0.0148 4 Amounts owed
0.0004 0.0349 4 Amounts owed
0.0004 0.0070 5 Payment history
0.0003 0.0407 5 Payment history
0.0003 0.0002 5 Payment history
0.0003 0.0100 5 Payment history
0.0002 0.0025 4 Amounts owed
0.0002 0.0322 5 Payment history
0.0002 0.0205 5 Payment history
0.0002 0.0013 1 Types of credit
0.0002 0.0231 3 Credit history length
0.0001 0.0039 2 New credit
0.0001 0.0000 2 New credit
0.0001 0.0000 4 Amounts owed
0.0001 0.0099 1 Types of credit
0.0001 0.0030 2 New credit
0.0001 0.0066 2 New credit
0.0001 0.0020 5 Payment history
0.0001 0.0118 5 Payment history
0.0001 0.0059 5 Payment history
0.0001 0.0097 5 Payment history
0.0001 0.0052 5 Payment history
0.0001 0.0051 5 Payment history
0.0001 0.0187 2 New credit
0.0001 0.0107 2 New credit
0.0001 0.0085 2 New credit
0.0000 0.0181 5 Payment history
0.0000 0.0273 2 New credit
0.0000 0.0000 4 Amounts owed
0.0000 0.0050 2 New credit
0.0000 0.0235 2 New credit
0.0000 0.0177 1 Types of credit
0.0000 0.0111 2 New credit
0.0000 0.0170 4 Amounts owed
0.0000 0.0103 2 New credit
0.0000 0.0076 5 Payment history
0.0000 0.0001 4 Amounts owed
0.0000 0.0147 4 Amounts owed
0.0000 0.0258 5 Payment history
0.0000 0.0032 5 Payment history
0.0000 0.0001 2 New credit
0.0000 0.0000 1 Types of credit
0.0000 0.0001 2 New credit
0.0000 0.0006 2 New credit
0.0000 0.0005 4 Amounts owed
0.0000 0.0003 2 New credit
0.0000 0.0005 2 New credit
0.0000 0.0000 5 Payment history
0.0000 0.0000 5 Payment history
0.0000 0.0000 5 Payment history
0.0000 0.0000 5 Payment history
Return to Figure 1

Figure 2: Mapping from Unnormalized to Normalized Score

Unnormalized Score Normalized Baseline Score
0.000 0
0.002 0.2
0.003 0.4
0.004 0.6
0.006 0.8
0.007 1
0.008 1.2
0.008 1.4
0.009 1.6
0.010 1.8
0.011 2
0.012 2.2
0.013 2.4
0.014 2.6
0.015 2.8
0.016 3
0.017 3.2
0.018 3.4
0.019 3.6
0.019 3.8
0.021 4
0.021 4.2
0.022 4.4
0.023 4.6
0.024 4.8
0.025 5
0.026 5.2
0.027 5.4
0.029 5.6
0.030 5.8
0.031 6
0.032 6.2
0.033 6.4
0.034 6.6
0.036 6.8
0.037 7
0.038 7.2
0.040 7.4
0.041 7.6
0.043 7.8
0.044 8
0.046 8.2
0.047 8.4
0.049 8.6
0.050 8.8
0.052 9
0.054 9.2
0.055 9.4
0.057 9.6
0.059 9.8
0.061 10
0.063 10.2
0.065 10.4
0.067 10.6
0.069 10.8
0.071 11
0.073 11.2
0.075 11.4
0.077 11.6
0.080 11.8
0.082 12
0.085 12.2
0.087 12.4
0.090 12.6
0.092 12.8
0.095 13
0.098 13.2
0.102 13.4
0.104 13.6
0.108 13.8
0.111 14
0.114 14.2
0.117 14.4
0.121 14.6
0.124 14.8
0.128 15
0.132 15.2
0.136 15.4
0.139 15.6
0.143 15.8
0.147 16
0.152 16.2
0.156 16.4
0.160 16.6
0.165 16.8
0.169 17
0.174 17.2
0.179 17.4
0.184 17.6
0.189 17.8
0.194 18
0.200 18.2
0.206 18.4
0.211 18.6
0.216 18.8
0.221 19
0.227 19.2
0.233 19.4
0.240 19.6
0.246 19.8
0.252 20
0.258 20.2
0.265 20.4
0.272 20.6
0.279 20.8
0.285 21
0.293 21.2
0.300 21.4
0.307 21.6
0.313 21.8
0.320 22
0.327 22.2
0.334 22.4
0.341 22.6
0.348 22.8
0.355 23
0.362 23.2
0.370 23.4
0.378 23.6
0.386 23.8
0.393 24
0.401 24.2
0.408 24.4
0.415 24.6
0.423 24.8
0.431 25
0.438 25.2
0.446 25.4
0.454 25.6
0.461 25.8
0.468 26
0.475 26.2
0.483 26.4
0.490 26.6
0.497 26.8
0.504 27
0.512 27.2
0.520 27.4
0.527 27.6
0.534 27.8
0.540 28
0.547 28.2
0.554 28.4
0.561 28.6
0.566 28.8
0.574 29
0.580 29.2
0.587 29.4
0.593 29.6
0.599 29.8
0.605 30
0.611 30.2
0.617 30.4
0.624 30.6
0.630 30.8
0.634 31
0.640 31.2
0.645 31.4
0.651 31.6
0.656 31.8
0.661 32
0.667 32.2
0.672 32.4
0.678 32.6
0.683 32.8
0.688 33
0.693 33.2
0.698 33.4
0.702 33.6
0.706 33.8
0.711 34
0.715 34.2
0.719 34.4
0.723 34.6
0.728 34.8
0.732 35
0.736 35.2
0.740 35.4
0.744 35.6
0.748 35.8
0.751 36
0.755 36.2
0.759 36.4
0.762 36.6
0.766 36.8
0.770 37
0.772 37.2
0.775 37.4
0.778 37.6
0.781 37.8
0.784 38
0.787 38.2
0.790 38.4
0.793 38.6
0.796 38.8
0.799 39
0.802 39.2
0.805 39.4
0.808 39.6
0.811 39.8
0.813 40
0.816 40.2
0.819 40.4
0.822 40.6
0.824 40.8
0.826 41
0.829 41.2
0.831 41.4
0.833 41.6
0.836 41.8
0.838 42
0.840 42.2
0.842 42.4
0.845 42.6
0.847 42.8
0.849 43
0.851 43.2
0.853 43.4
0.855 43.6
0.857 43.8
0.859 44
0.860 44.2
0.862 44.4
0.864 44.6
0.865 44.8
0.867 45
0.869 45.2
0.871 45.4
0.872 45.6
0.874 45.8
0.875 46
0.877 46.2
0.879 46.4
0.881 46.6
0.882 46.8
0.884 47
0.885 47.2
0.887 47.4
0.888 47.6
0.890 47.8
0.891 48
0.893 48.2
0.894 48.4
0.896 48.6
0.897 48.8
0.899 49
0.900 49.2
0.901 49.4
0.903 49.6
0.904 49.8
0.905 50
0.906 50.2
0.907 50.4
0.909 50.6
0.910 50.8
0.911 51
0.913 51.2
0.914 51.4
0.915 51.6
0.916 51.8
0.917 52
0.919 52.2
0.920 52.4
0.920 52.6
0.921 52.8
0.922 53
0.923 53.2
0.924 53.4
0.925 53.6
0.926 53.8
0.927 54
0.928 54.2
0.929 54.4
0.930 54.6
0.931 54.8
0.932 55
0.933 55.2
0.933 55.4
0.934 55.6
0.935 55.8
0.936 56
0.936 56.2
0.937 56.4
0.938 56.6
0.939 56.8
0.940 57
0.940 57.2
0.941 57.4
0.942 57.6
0.943 57.8
0.944 58
0.945 58.2
0.945 58.4
0.946 58.6
0.946 58.8
0.947 59
0.948 59.2
0.949 59.4
0.949 59.6
0.950 59.8
0.950 60
0.951 60.2
0.951 60.4
0.952 60.6
0.953 60.8
0.953 61
0.954 61.2
0.954 61.4
0.955 61.6
0.955 61.8
0.956 62
0.956 62.2
0.957 62.4
0.957 62.6
0.958 62.8
0.958 63
0.958 63.2
0.959 63.4
0.959 63.6
0.960 63.8
0.960 64
0.961 64.2
0.961 64.4
0.962 64.6
0.962 64.8
0.962 65
0.963 65.2
0.963 65.4
0.963 65.6
0.964 65.8
0.964 66
0.965 66.2
0.965 66.4
0.965 66.6
0.965 66.8
0.966 67
0.966 67.2
0.966 67.4
0.967 67.6
0.967 67.8
0.967 68
0.968 68.2
0.968 68.4
0.968 68.6
0.968 68.8
0.969 69
0.969 69.2
0.969 69.4
0.970 69.6
0.970 69.8
0.970 70
0.971 70.2
0.971 70.4
0.971 70.6
0.971 70.8
0.971 71
0.972 71.2
0.972 71.4
0.972 71.6
0.972 71.8
0.973 72
0.973 72.2
0.973 72.4
0.973 72.6
0.974 72.8
0.974 73
0.974 73.2
0.974 73.4
0.974 73.6
0.975 73.8
0.975 74
0.975 74.2
0.975 74.4
0.975 74.6
0.976 74.8
0.976 75
0.976 75.2
0.976 75.4
0.976 75.6
0.977 75.8
0.977 76
0.977 76.2
0.977 76.4
0.977 76.6
0.977 76.8
0.978 77
0.978 77.2
0.978 77.4
0.978 77.6
0.978 77.8
0.978 78
0.978 78.2
0.979 78.4
0.979 78.6
0.979 78.8
0.979 79
0.979 79.2
0.979 79.4
0.979 79.6
0.979 79.8
0.979 80
0.980 80.2
0.980 80.4
0.980 80.6
0.980 80.8
0.980 81
0.980 81.2
0.980 81.4
0.980 81.6
0.980 81.8
0.981 82
0.981 82.2
0.981 82.4
0.981 82.6
0.981 82.8
0.981 83
0.981 83.2
0.981 83.4
0.981 83.6
0.982 83.8
0.982 84
0.982 84.2
0.982 84.4
0.982 84.6
0.982 85
0.982 85.2
0.982 85.4
0.982 85.6
0.982 85.8
0.982 86
0.983 86.2
0.983 86.4
0.983 86.6
0.983 86.8
0.983 87
0.983 87.2
0.983 87.4
0.983 87.6
0.983 87.8
0.983 88
0.983 88.2
0.983 88.4
0.984 88.6
0.984 88.8
0.984 89
0.984 89.4
0.984 89.6
0.984 89.8
0.984 90
0.984 90.2
0.984 90.4
0.984 90.6
0.985 90.8
0.985 91
0.985 91.2
0.985 91.4
0.985 91.6
0.985 91.8
0.985 92
0.985 92.4
0.985 92.6
0.985 92.8
0.985 93
0.985 93.2
0.986 93.4
0.986 93.6
0.986 93.8
0.986 94
0.986 94.2
0.986 94.4
0.986 94.6
0.986 94.8
0.986 95
0.986 95.2
0.987 95.4
0.987 95.6
0.987 95.8
0.987 96
0.987 96.2
0.987 96.4
0.987 96.6
0.987 96.8
0.988 97
0.988 97.2
0.988 97.4
0.988 97.6
0.988 97.8
0.989 98
0.989 98.2
0.989 98.4
0.989 98.6
0.989 98.8
0.990 99
0.990 99.2
0.990 99.4
0.991 99.6
0.992 99.8
0.993 100
Return to Figure 2
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Last update: December 15, 2010