Make sound and informed credit decisions for personal loans
Transunion CIBIL’s Personal Loan Score equips lenders with detailed, predictive insights into the behaviour of personal loan applicants to make sound credit decisions.
The personal loan score effectively assesses whether an applicant is likely to default on a personal or consumer loan post 91 days within the next 12 months. However, given the changes in the lending landscape of personal loans over the last couple of years towards lower ticket size, shorter tenures and higher velocity, this score has been extensively validated on recent snapshots that capture the current nuances in the Personal Loan segment.
By being able to distinguish a responsible borrower from one who is likely to default, you can lend with more confidence to customers and prospective borrowers, increase profitability and mitigate risk.