Our Summarized Credit Score database is a great, affordable alternative for the more expensive Credit Bureau data. Our Summarized Credit Data allows marketers to target consumers based on a sophisticated modeled credit scoring system. Based on historic spending patterns and hundreds of millions of transactions, we then look at overall demographics on particular geographies.
A scoring component ranks households based on increased credit acquisition activity while an additional scoring component ranks households based upon their risk level. An industry like credit score of 450-850 is included to help marketers easily choose the credit segments they desire. This is a great file for invitations to apply (ITA) or for other non pre-approved offers of credit that do not require FCRA compliance.
Recommendations for Banking, Insurance and Automotive Industries:
Overlay summarized credit scores on your database to determine credit worthy, or subprime for special finance offers.
Recommendations for the Mortgage industry:
Subprime Program: Identify consumers with debt and credit challenges: Choose summarized credit FICO-like ranges of less than 600, specific loan dates and loan amounts or LTV.
Debt Consolidation or Refinance: Choose your summarized credit range, loan dates or loan amounts,
New Mortgage Prospects: Identify renters with a high propensity to purchase a home. Choose summarized credit ranges, ages, renters, income $40K+ and length of residence 2+ years.
100% - 125% Financing Programs: Identify borrowers with good to excellent credit that need cash for home improvements, debt consolidation, or major purchases: choose a summarized credit range, new homeowner last 12 months, presence of bank credit cards.
Selects for Summarized Credit Score Data include: