FICO

JANUARY 21, 2020

The same consumers are scored 12 months later, again with the same Account Origination score, to see how their risk profile had changed. Source: FICO Blog In 12 months, the average score for this group of consumers dropped by 9 points overall and by 11 points for the Thin File [1] population. Source: FICO Blog.

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FICO

DECEMBER 8, 2022

Addressing Portfolio Risk in Economic Uncertainty: Part 3 (2022). Building portfolio risk resilience into customer management. Lenders must adopt a similar mindset as they manage the financial health of their consumer lending portfolios to insulate their existing assets from potential portfolio risk volatility. Saxon Shirley.

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FICO

MAY 19, 2023

In total, Prosper extended more than USD $225M in credit access to these consumers. Prosper also proactively mitigates credit risk and meets the increasing credit demand for creditworthy customers based on their monthly updated FICO® Scores. Millions of consumers in the U.S.

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FICO

JUNE 11, 2021

Lenders must adopt a similar mindset as they manage the health of their consumer lending portfolios to insulate their existing book of business from potential risk volatility. As we discussed in part 1 of this blog series, FICO® Resilience Index (FRI) was designed with precisely this capability in mind.

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FICO

JANUARY 10, 2017

In fact, more than 65% of this population have not seen an update to their credit file in over 48 months. They don’t get a FICO® Score because of this long absence — information over 4 years old no longer reflects a person’s current credit risk. A mortgage would be a big leap up the credit ladder.

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FICO

MAY 5, 2022

For example, it can be used in onboarding a customer, determining a credit limit extension, a recovery treatment and even to pick up suspected fraud. What what’s less known is that its data scientists have applied the same innovative thinking to solutions around the credit risk cycle and how transactional analytics can be used.

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FICO

FEBRUARY 12, 2023

Home Blog FICO Top 5 Customer Development Posts of 2022: Digital Banking and Pricing Opti The most popular posts in our Customer Development category dealt with digital banking, optimizing credit line increases, loan pricing and machine learning for credit risk models. There’s nothing wrong with making it fun!

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