Information services provider Experian announced the availability of CreditHorizons for Whole Loan Portfolios, which is a new way for clients to analyze and value their whole loan portfolios.
This new method utilizes consumer credit data, credit risk scores and predictive attributes to offer a more complete view of the credit health of the underlying borrowers, thus enhancing the client’s ability to forecast future loan performance. Experian’s consumer credit data team have tested and identified the key credit attributes that can positively affect the client’s bottom line. Credit attributes provide a beneficial new dimension to the probability of default models that are now being used by the market. The direct result is a client's ability to make better decisions regarding asset value. This creates a significant competitive advantage for them.