Search for:  
Already registered for a product? Login here
Scorex PLUS
Scorex PLUSSM is a powerful new bureau score that utilizes groundbreaking predictive techniques to outperform traditional bureau risk models.

It raises the bar by providing the best information for making profitable business decisions.

Superior risk prediction

Until now, lenders have only had two options for effective risk scoring. Use a traditional bureau risk model that falls short in predictability or invest in a more predictive, but much more costly custom model. By using a proprietary development technique that mimics custom model development, Scorex PLUS provides a superior, more cost-effective solution. In multiple market validations with traditional risk models, Scorex PLUS performed better in over 90 percent of the head-to-head comparisons. These results demonstrated Scorex PLUS provided a stronger separation of good and bad accounts and classified more bad accounts into the worst-scoring ranges.

More scored accounts

Traditional risk models typically are unable to score a significant percentage of consumers due to insufficient credit information. With Scorex PLUS, almost all consumers can be effectively scored to rank order risk, thereby reducing the need for manual review.

Greater profit potential with one cutting edge tool

Scorex PLUS provides a suite of two powerful models – one for new accounts and one for existing accounts. Since the model for new accounts was developed using performance on recently opened accounts, it provides superior decisioning – eliminating the bias toward existing accounts inherent in traditional bureau risk models. As a result, Scorex PLUS can help you implement successful strategies to target the right customers, improve approval rates while decreasing or maintaining bad rates and manage existing customers.

Features

Enhanced documentation

Scorex PLUS provides a greater level of detail than traditional risk models, such as multi-wave forecasts which show score performance across multiple timeframes enabling you to see how consumer behavior changes over time.

Acceptance by regulators

Throughout the development process, Experian actively worked with federal regulatory and public rating agencies to ensure acceptance for the use of Scorex PLUS as it relates to regulatory compliance and secondary markets.

Expert consulting services

Maximize the benefits of Scorex PLUS with our consulting and monitoring services. Experian can help you perform initial and ongoing score validations, create a risk-based pricing program, or develop credit policies.

For more information on this product, please contact us at 888 414 1120.


Buy this product
For more information, please contact us at 888 414 1120.
Request Information
Product tools