December 2020

A credit scoring model for non-TransUnion lenders has been just updated and now available with HK Score

We are pleased to announce the update of credit scoring model for non-TransUnion members. The non-TransUnion members are money lenders who are independent from TransUnion’s credit history data. In general, they are targeting subprime borrowers and dealing with higher credit risks in the consumer credit market without accessing TransUnion’s data. However, most of them don’t have risk modelling and credit scoring so that they still rely on human decisions with inconsistency which tend to include unnecessarily biases and they cannot correctly respond to environment changes at time like now. This is where CREDI AI can improve. The model can help those lenders to start measuring potential risks by using credit […]