CreditVision® New to Credit Score

Latest market insights show that opportunities for growth in India’s credit sector are abundant with young consumers and untapped new-to-credit consumers emerging across India’s geography. To tap these opportunities, lenders must identify deserving consumers and drive access to credit for them. At the same time lenders must continue to focus on strong underwriting practices and regular and nuanced monitoring of consumer behavior to drive sustained credit growth and profitability.

With TransUnion CIBIL’s new and enhanced New To Credit (NTC) Score, lenders can objectively assess structural risk associated with NTC consumers and capitalize on this growth opportunity without compromising risk

Accelerate financial inclusion
Expand access to affordable financial services for unbanked and underserved populations

Improve risk decision on the new to credit consumers
Increase approval rates within the lenders’ current risk tolerance, providing enhanced financial inclusion opportunity while managing risk and hence increased profit

Acquire more customers
Improve campaign efficiencies and reduce acquisition cost

Build loyal base of customers
On-board NTC customers early in their financial journey