Equifax-FICO Alliance hosts UK Credit Industry Webinar Series
Global information solutions leader Equifax and FICO, the leader in predictive analytics and decision management technology, have announced a programme of webinars during November for the UK consumer credit industry. Free to join, the webinars focus on how lenders can assess credit affordability and jump-start lending growth using the new FICO® Credit Capacity Index™, built using Equifax’s market-leading Risk Navigator 4 (RN4) credit score and characteristics.
Each webinar addresses the big challenges facing UK lenders in the current weak and uncertain economy. Even a modest amount of additional debt can push consumers into default, forcing lenders to take into account how much credit is too much for a customer when they’re assessing a credit application. Yet lenders also need to identify the best opportunities for growth.
The combination of the FICO Credit Capacity Index, using Equifax RN4 credit score and characteristics gives credit providers a more effective way to assess a consumer’s ability to manage additional credit. It also helps identify consumers in higher-risk score ranges who have higher capacity and are likely to be responsible users of new credit, thereby creating growth opportunities.
The power of these solutions will be outlined in three 60-minute webinars:
• Introduction to FICO® Credit Capacity Index™
10am GMT, Tuesday, 6 November 2012
• Using FICO® Credit Capacity Index™ in Credit Originations Strategies
11am GMT, Tuesday 13 November 2012
• Using FICO® Credit Capacity Index™ in Credit Customer Management Strategies
10 am GMT, Tuesday 27 November 2012
Details of the webinars and a link to the registration page, are available at www.efxfico.com, along with information on the FICO Credit Capacity Index and the complete product list of the alliance’s joint solutions.
Read more at www.efxfico.com