How To Optimize Decisioning Through Custom Scorecards and Consumer Data
Date: November 16, 2022
Does your financial institution use custom scorecards? If not, you could be missing big opportunities and taking unnecessary risks. Our experts explain the benefits of developing and implementing custom scorecards to improve your credit decisioning leveraging your population and additional data, application data and member/client data.
Custom scorecards lead to more efficient decisions by providing more granularity to target applications with a lower risk profile specific for your financial institution. With custom risk scores, lenders can enter riskier segments but still decline the applicants of this population that lead to delinquency and a higher likelihood of loss.
Join us for this free, live webinar, where you will learn how MeridianLink Insight enables institutions to:
- The benefits and functions of custom scorecards
- How custom scorecards are built
- What data is used to build a custom scorecard
- Specific success stories from lenders using custom scorecards
VP of Services
Director of Predictive Analytics Practice