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Product: |
NextGen FICO® Scores |
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Company: |
FICO |
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Type: |
Software |
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Description: |
NextGen FICO risk scores rank-order consumers according to their likelihood to repay a credit obligation as agreed. An alternative to the established industry-standard classic FICO risk scores, NextGen scores deliver the most accurate broad-based consumer credit risk assessment available. Credit grantors can lower bad rates between 10% and 25%, or increase approval rates up to 5% or more by using NextGen in place of classic FICO credit bureau risk scores.
Ask for Fair Isaac NextGen FICO risk scores by name:
- PinnacleSM score at Equifax
- FICO® Risk Score, NextGen at TransUnion
- Experian/Fair Isaac Advanced Risk Score at Experian
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Related Products: |
Compliance (Finance) | Financial Applications Software | Risk Management |
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