Risk Management Solutions
Our consumer credit risk management solutions enable your customers to evaluate risk efficiently, consistently and automatically.
Risk Scores and Models
Help your customers make sound, confident and consistent consumer credit decisions by leveraging a number of delinquency and bankruptcy predictors.
New Account Model
New accounts behave differently than accounts at other stages in the account lifecycle. This model enables your customers to better identify new or prospective applicants who are most likely to become 90 days or more delinquent within a 24-month timeframe.
Developed jointly by the three credit reporting companies, TransUnion, Equifax and Experian, VantageScore uses credit data and characteristic leveling to identify consumers likely to become 90 or more days delinquent within a 24-month period. Help your customers make more consistent credit decisions by applying the same attributes to different sets of data and simplify decisioning with a single score that can be used across credit reporting companies.
FICO® Risk Scores
FICO Risk Scores use information from TransUnion’s extensive consumer credit repository to assess a consumer’s risk of severe delinquency—potentially resulting in charge-offs or bankruptcy—over a 24-month period. FICO Scores help identify and separate reliable borrowers from those likely to become 90 or more days delinquent. Various scores including FICO® 8 are available from TransUnion.
This incidence-based risk model offers increased predictive strength to help your customers better identify prospects, applicants or existing accountholders most likely to file bankruptcy within a 12-month timeframe. Leverage this solution in conjunction with a delinquency risk model to enhance predictive capabilities.
Account Management Model
Assist your customers with managing existing accounts, making key account decisions, and identifying more profitable customers across product lines. This model predicts the likelihood of an existing accountholder becoming 90 days or more delinquent in a 24-month period.