Bankruptcy Prediction Models
Bankruptcy losses are the hardest to recover. They are also the hardest to predict using traditional credit scoring models! With today’s high bankruptcy rates, you need to:
- Estimate the customer’s bankruptcy risk
- React to changes in customer behavior
- Know when to buy a credit report
- Improve your focus with demographics and customer information
- Update your policies as economic conditions and bankruptcy trends change
We design custom models that let you manage the impact of bankruptcies on your portfolio.