Benefits
PowerView Score™ augments traditional credit scores by adding alternative data to the mix — including credit bureau and NCTUE telecom/utility payment data from Equifax, and public records, property data, asset ownership and more from LexisNexis. The result: A multidimensional consumer view that often reveals a higher creditworthiness than the credit bureau score suggests.
PowerView Score increases your competitive advantage:
- Extend your customer base while maintaining acceptable risk tradeoffs
- Underwrite transitional customer loans with higher precision
- Reach millions of consumers who have little/no credit footprint
- Approve more applications on the margins of your risk policy
- Perform incremental segmentation to upgrade or downgrade terms
- Conduct fewer manual reviews for higher efficiencies and lower costs Consider removing to make less copy heavy
Get it now: For more information about PowerView Score, call 800.869.0751
Features
- Robust data and analysis:
- Over 45 billion public and proprietary records from more than 10,000 data sources
- Capable of evaluating over 240 million consumers including more than 80% of thin/no file and other “emerging” populations (i.e., Millennial & Hispanic)
- 300+ million accounts from telco, utility, and pay TV providers
- Credit data on 220+ million consumers; Database of more than 3.2 billion credit accounts with over 1.6 billion updates monthly
- PowerView is compliant with FCRA and ECOA regulations, and provides consumer-friendly reason codes for adverse decisions
Get it now: For more information about PowerView Score, call 800.869.0751.