Pre-Scoring and Offer References

Solution description

Pre-scoring process is crucial for financial institutions to reduce risk and defend valuable resources. Banks and credit card companies use credit scores to evaluate the potential risk and mitigate losses posed by providing loan to consumers. Credit scores are used to determine who qualifies for a loan, at what interest rate, and what credit limits. Credit or identity scoring prior to authorizing access or granting credit is an important component of any trusted system. Pre-scoring is the most effective tool to pre-filter loan requests and recorded customer data can be used later for a loan application as well.

This kind of scoring process is not limited to banks. Other industies, such as telecom companies or public institutions use the same techniques.

Pre-scoring and Offer

Main features

Mortgage and commercial bank calculations

• Calculation engine based on the standard credit lending forms
• Mortgage calculations
• Commercial loan calculations
• Can be used by customer

Calculation registry

• Recorded calculations are reloaded in the system calculation engine. 
• Agent can export and print them, or a Code of Conduct document can be
       generated in pdf format .

Parameter packages

• Parameter table’s configuration tool
• Personalized application settings and criteria

Customer calculation

• Create a credit score for potential customers
• Estimate risk and conditions of loan