TruValidate Credit Washing Solution
Flag suspicious shifts in charge-offs and inquiries to assess higher risk of default before a new account is opened.
Product Capabilities
HOW IT WORKS
Credit Washing Solution
TruValidate™ Digital Insights combine diverse risk signals, including device reputation intelligence, device-to-account linkages and authoritative IP decisioning data.
- Integrate the Credit Washing Solution into application processing during account origination to evaluate credit washing default risk.
● If a consumer is above an acceptable credit washing default risk tolerance level, apply manual review or stepped-up authentication, and/or establish a more appropriate credit line or loan size based on the potential elevated risk from the consumer. - Screen out consumers with elevated credit washing default risk before prescreen offers are sent.
- Establish more appropriate offers during prequalification based on the potential credit washing default risk of the consumer.
- Monitor portfolios to push consumers with credit washing default risk into high-risk management groups and turn off any automated credit line increases.
- Blend Tradeline Washing Attributes and Inquiry Washing Attributes with customer data to build more powerful predictive models.
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