Essentially, the higher the score, the lower the risk. To interpret the score, the main elements of the score are presented in a series of reason codes. Reason codes are frequently used for manual underwriting as an indication of items that require further investigation.

Creditinfo will conduct ongoing reviews and statistical analysis of the Creditinfo Predictor to ensure that users have the most predictive and effective risk assessment tool available to them. Users will be able to use this report where they only need a score to make a calculated decision, and not detailed information, such as in the evaluation of their existing customer base:

  • For the purpose of provisional estimation
  • For pre-selection of potential customers, the advantage being that customers are not contacted for products for which they are not eligible.
  • For cross-selling and up-selling of products and services
  • For monitoring the evolution of their risk level