CreditVision for Risk Management

Better understand and segment your audience.

How can you stay aware of constantly-changing risk?

Learn to approach risk management with precision. CreditVision's new insights—not available through traditional credit reports or risk scores—allow you to make more accurate lending decisions, increase your approvals and reduce risk. Below are some areas where CreditVision can help.

Origination/
Decisioning

  • Improve decisioning to consumers near score cutoffs
  • See how recent loan payments relate to "minimum due" obligations
  • Expand the universe of consumers meeting targeted risk levels
  • Increase the number of approved and funded loans with the same or lower loss rates

Account Review/
Account Management

  • Better assess credit deterioration to speed early-stage mitigation activities
  • Identify changes in payments or balances that show shifting borrower risk
  • Maintain or reduce loss rates while increasing campaign responders

Collections

  • Increase effectiveness through improved roll-rate and recovery models
  • Gain insights about consumers’ payment activities on other accounts to prioritize collections activities

Refine risk management with CreditVision.

Real Insights. Real Results.

5 in 10 consumers


A new TransUnion payment study found that consumers able to pay more than the minimum due on their credit cards have much lower delinquency rates on not only their credit cards—but also their auto loans.

Adding CreditVision Premium Algorithms to their custom model resulted in a 5.5% improvement in K-S (from 46.9 to 49.5)


A top five financial institution sought to improve performance of of their underwriting risk model for new credit card loans. Adding CreditVision Premium Algorithms to their custom model resulted in a 5.5% improvement in K-S (from 46.9 to 49.5).

CreditVision Risk outperformed a generic, 3rd party risk model by, 6.4% in K-S.


A top five financial institution evaluated the performance of generic risk models on new credit card loans. CreditVision Risk outperformed a generic 3rd party risk model by 6.4% in K-S.