CreditVision® New to Credit Score

TransUnion CIBIL’s new and enhanced CreditVision® New To Credit (NTC) Score equips financial institutions with a cutting-edge tool for evaluating the risk associated with New-to-Credit consumers. This enhanced NTC score utilizes a sophisticated lookalike model, identifying more nuanced segments than the previous version. By integrating trended data from the credit bureau – such as payment histories, balances, and inquires, it accurately predicts the likelihood of a borrower defaulting on their first loan on a score ranging from 100 to 200.

The new and enhanced NTC score empowers lenders to confidently tap into new opportunities while maintaining robust risk management practices. With the enhanced NTC score, financial institutions can make informed lending decisions, expanding their customer base without compromising on risk. The score not only facilitates more precise risk assessments but also supports strategic business expansion in the competitive financial landscape.