The FICO® Resilience Index, paired with the FICO® Score, provides an additional way to evaluate the performance of portfolios at any point in the economic cycle, including periods of economic uncertainty. This allows financial institutions to manage potential latent risk within groups of consumers bearing similar FICO scores, without cutting off access to credit for more resilient consumers.
By incorporating the FICO® Resilience Index into your lending processes, you can gain deeper insight into consumer sensitivities for more precise credit decisioning.
Learn how to effectively score credit risk in today’s economic environment.
Gain more insight on how you can better manage and protect your portfolio.