Assess risk. Reduce defaults. Increase profitability.

What does it do?

As a dynamic credit scoring solution, this advanced tool enables lenders to perform precise credit risk assessments on virtually any consumer. By leveraging sophisticated algorithms, it mines data from Connect, the industry's largest and most trusted alternative credit bureau database. This includes extensive datasets such as bankruptcy records, civil records, judgments, liens, and evictions—data points often limited or unavailable through traditional credit scoring platforms.

The solution provides actionable insights by incorporating:

• Efficient predictive workflows to optimize outcomes using available data
• Expanded data sets, including public records, consumer stability, and banking behavior, which significantly enhance score accuracy
• A broader score range (300–850) for more granular credit risk management solutions
• Seamless implementation with no additional coding required for users already utilizing the original iPredict product

By analyzing over 165 data attributes, the tool calculates the potential risk of loan defaults and offers detailed information, such as:

• Short-term credit risk
• Short-term credit inquiry attributes
• Short term loan history (e.g., loans issued, payment behavior)
• Consumer stability metrics
• DDA banking attributes
• Records of bankruptcy, liens, judgments, and evictions

This solution enables businesses to predict credit score profitability, helping them make informed lending decisions that enhance both operational efficiency and customer outcomes.

What is it used for?

This powerful credit risk management tool is designed to help businesses quickly evaluate the risk level of potential loan applicants. By offering a granular analysis of creditworthiness, it minimizes loan defaults, improves margins, and streamlines business processes. It empowers lenders with a robust credit risk management solution that goes beyond traditional methods by integrating alternative data and advanced scoring algorithms.

The solution is widely utilized across industries such as:

• Consumer Lending: To evaluate applicants' creditworthiness and reduce risk.
• Buy-Here-Pay-Here: For on-the-spot risk assessments and financing decisions.
• Auto Financing: To ensure reliable lending decisions for vehicle purchases.
• Check Cashing and Title Lending: To assess borrower stability and manage repayment risks.
• Retail Financing: To enable secure and profitable installment plans for consumers.

By combining predictive analytics with alternative data, this dynamic credit scoring solution enhances lenders' ability to manage risk effectively. It helps businesses identify reliable borrowers while maximizing credit score profitability, ensuring better financial outcomes for both lenders and their customers.

This solution is an essential tool for any business looking to refine its credit risk management strategies and make smarter, data-driven lending decisions in today's competitive financial landscape.