e-Newsletter


SCORING SOLUTIONS EXPANDS MARKET IN MEXICO

Through its successful partnership with Analyse Professional Services, Scoring Solutions has worked with several credit grantors in Mexico over the past year to develop and deliver numerous acquisition and account management scoring systems.  These included systems for personal finance, captive auto, bankcard, mortgage and small personal loans.  “Each of the scoring systems were highly customized and involved extensive data mining and analytics to deliver optimum predictive results.” says Elina Rodriguez, a Principal of Scoring Solutions.  “The Mexican market offers unique opportunities and challenges which fit our distinctively tailored approach.”
 
IMPACT OF SURROGATE CREDIT DATA FOR CARMAX

 

Scoring Solutions just completed several acquisition scorecards for CarMax Auto Finance. During the development, research was done to evaluate two reject inference methodologies. One approach included gathering and analysis of credit bureau data for surrogate auto loan performance for declined applicants, when this was available. A second approach used only the data of CarMax’s own approvals and declines. Reject inferencing was done both ways and models were developed for each of the two approaches. Using the surrogate bureau data provided slightly improved results. However, Scoring Solutions and CarMax agreed that the cost and the additional time to assemble the data as well as the added complexity related to the surrogate data did not justify its future use for CarMax.
 

SCORING SOLUTIONS AND CLARITY ANNOUNCE NEW RISK SCORE FOR UNDERBANKED AND THIN FILE CUSTOMERS

 
Scoring Solutions and Clarity Services, Inc. recently introduced their Clear Tradeline™ Version 2.0 score. This score evaluates the credit risk of consumers using payday, installment loan, rent-to-own, check cashing and skip-trace data.  The two firms have worked together since 2008 to provide companies the ability to quickly evaluate the potential risk of underbanked and thin file consumers. “This enhanced Clear Tradeline Version 2.0 score is significantly more predictive of the future risk of a prospective customer” said Fran Lyons, Principal, Scoring Solutions. “Clear Tradeline is powered by Score360™, Scoring Solutions technology to deploy scores and attributes.”
 
In the next Scoring Solutions e-newsletter, results will be shared regarding the use of various sources of data in developing commercial scoring models.  See our website for the press release Scoring Solutions Develops Advanced Scoring System for Financial Pacific Leasing.

 

 

Visit www.scoringsolutions.com for white papers published
by Scoring Solutions
.

 

   
To learn more about how we can bring value to your organization, call us at 678-672-5450 ext. 362 or e-mail us at score.info@scoringsolutions.com.