BUREAU SCORE

Assessment of a borrower’s creditworthiness based on details of their credit history.

Bureau Score summarizes all the necessary consumer data available. Tailored to the information within the United Credit Bureau, this generic bureau risk score aims is to rank order consumers as to whether they will pay as expected and is designed to rank the likelihood that an applicant will go 90 days delinquent on any consumer credit loan or account within the next 12 months. This is effectively a behavioural score derived using pooled data.

The service is aimed to:

  • Increase the separating power of the current credit organisation model when making lending decisions;
  • Establish an additional level of cutting-off bad borrowers during credit application processing;
  • Segment the current customer base to make decisions on cross sales, modification of credit limits and debt collections.​

Advantages of the service:

  • Utilisation of a single score value prevents extra costs of parsing and interpretation of voluminous credit reports;
  • The cost of a Bureau Score request is lower than the cost of a full-fledged credit report;
  • Based on the most important credit history indicators;
  • The model is being updated on a regular basis.

Who can benefit from this service?

  • Banks;
  • Microlenders;
  • Debt collection agencies;
  • Telecom operators;
  • Insurance companies;
  • Employers and recruitment agencies.

How to join