"How much value do the credit agencies add beyond what could be obtained by knowing income, location, number of dependents, and current debt/liabilities?" Theo

"How much value do the credit agencies add beyond what could be obtained by knowing income, location, number of dependents, and current debt/liabilities?" Theoretically they verify these numbers. Otherwise people would lie. Presumably, in the credit score calculation, they also have actuarial tables that allow calculating the odds of delay or default for each person.