FICO® 8 Risk Score
See improvements of up to 10% with FICO® 8
FICO® 8 is the most predictive FICO risk score designed specifically for the Canadian market.
The latest version of the FICO risk score—currently only available at Transunion—applies the latest predictive analytic technologies and scoring blueprints from FICO to the specific dynamics of the Canadian market.
Using TransUnion’s database, the new score offers more predictive risk assessment than previous FICO scores and features:
- Separate evaluation of lines of credit for improved risk identification
- More appropriate evaluation of young or thin-file consumers
- Fresher data, covering the entire Canadian credit-active population
- Easy implementation and conversion from other FICO models
Tests of FICO® 8 Risk Score—for bankcard and retail populations, as well as subprime and thin-file consumers—show predictive lifts of up to 10% over previous FICO scores. This new score can help you improve decision-making in acquisitions, benchmarking, account management and collections.
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