vCREDIT®

Assess credit risk

Assess ability to pay based on inquiries, payment behavior, and payment performance leveraging our alternative FCRA-compliant score

Solution Overview

Traditional credit scores are a standardized tool used to assess creditworthiness but are a lagging indicator, not providing the complete and most up-to-date view of a consumer’s true financial health. Incorporating alternative data like bank account and payment intelligence can provide additional value in assessing creditworthiness. 

How it helps

vCredit® is a low friction, predictive credit risk score that integrates proprietary bank account and payment intelligence from ValidiFI’s data network. By analyzing a historical view of past behavior and considering current circumstances, vCredit® helps:

  • Make optimized consumer credit line offers
  • Identify best-fit product placements
  • Expand consumer acceptance
  • Optimize loan approvals while minimizing risk
How It Works

vCredit®

vCredit® provides a more precise prediction of ability to pay and likelihood of payment issues:

KEY BENEFITS

The value for your business

Holistic View of Consumers

Identify potential risks and opportunities not captured in traditional credit reports

Improved Decision-Making

Analyze potential customer's past inquiries, loan performance, and account behavior

Drive Portfolio Growth

Optimize loan approvals while minimizing risk with our FCRA-compliant score

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FAQS & ANSWERS

Frequently asked questions

vCredit® is a predictive credit risk score that is also FCRA compliant. Lenders and Financial service providers use vCredit® to help approve, decline, and make more accurate pricing decisions, with Adverse Action reason codes provided.

vCredit® is used by many of our lending clients to assess second look, non-prime or underbanked consumers to make better credit decisions, credit line increases, and expand their portfolios.

vCredit® delivers a highly predictive credit risk score powered by hundreds of attributes on tradelines, payment performance, and velocity metrics.

vCredit® helps predict an individual’s likelihood to default, much like traditional credit scores, but vCredit® leverages predictive bank account and payment information to provide a more accurate assessment of creditworthiness. 

Yes, all customers are required to report their performance data as we are a give-to-get data model. By doing this, all customers gain tremendous value from accessing a much larger database of information than they would without data contribution across the network.

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