Use early-stage delinquency scores for greater precision and enhanced returns.
Leverage our early-stage delinquency scores, developed by SCORE Statistical Consulting in collaboration with TransUnion, to maximize the efficiency of your portfolio management strategies and activities, providing the confidence to deploy targeted treatments that will improve roll rates, reduce write offs, and optimize resource allocation for customer journeys within collections.
The suite of delinquent debt scoring products enables your organization to prioritize delinquent customers strategically based on their payment propensity — an index of both their ability and willingness to pay. As the credit industry progresses to more finely tuned collection activities in a shifting and complex consumer landscape, it becomes increasingly important for financial institutions and servicers to avail themselves of robust and reliable insights and tools that improve bottom line results.
Benefits
- Developed specifically for delinquent accounts 1 to 120 days past due.
- Accurately assess a customer’s ability and willingness to pay or cure at specific levels of delinquency.
- Exclusively use credit bureau-based information with no use of demographics.
- Models focus on delinquency level and industry type:
- 30 Day & 90 Day Delinquency Models – Financial Institution Bankcard and Non-Bankcard
- 30 Day & 90 Day Retail Delinquency Models – Loans and Cards.
Collect faster
- Predictive outcome: the likelihood of any 1-3 cycle (pre-charge off) account curing in the next 90 days or less as compared to the standard 12 – 24 months helps you collect faster and manage imminent risks.
Strategic advantages
- Identify self-cures to drive more appropriate and cost-effective resource allocation for account treatment.
- Focus on high-risk accounts for engagement acceleration and prioritized resolution.
- Support predictable, consistent, and robust customer journeys within collections centred on value-at-risk.
- Improve roll rates and reduce attrition prior to suspension or cancellation with means tested retention and forbearance offers.
- Further optimize credit line and over-limit strategies.
- Supplement internal models for added lift.
Product Highlights