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Alternative Scoring

CRIF is a global expert in credit scores, predictive analytics, decision analytics, business information & credit risk management solutions. 30 years of CRIF's existence has proved to be beneficial to over 300K consumers, 50K business clients and 6000 institutional clients.

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Alternative Scoring

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  1. Can Alternative Data Expand Credit Access? The Answer is YES.

  2. • Alternative credit scoring makes it possible to extend the access of loans/credit products to people who do not have adequate background data to strengthen their credit scores. The broader opportunities provided by alternate credit scoring promote an inclusive lending landscape. • The alternative data for credit scoring is extremely beneficial for lenders given the immense opportunities it offers to both lenders and their borrowers.

  3. • Introducing CRIF’s Psychometric Credit assessment Platform- This platform Integrates Personality type In Credit Risk Assessment • It can assess an individual’s personality to gauge their ability to repay and intent to repay. It studies multiple personality dimensions such as Conscientiousness, Honesty, Discipline etc. considering the cultural context and belief system of the society. • This platform removes the masks of socio- economic background, level of education and other learned behaviour to provide a deep dive into your borrower’s psyche.

  4. Benefits of CRIF’s alternative credit scoring Platform Increase approval rate Reduce TAT Lower Bad rate Delight

  5. Features • Geographies: Currently available in India, Southeast Asia, the Middle East, Africa • Localization: As per market and segment requirements, keeping the main framework intact • Supported Languages: Available in 6 regional Indian (Hindi, Bengali, Tamil, Telugu, Kannada, Marathi) and Global languages (English, French, Italian, Mandarin, Arabic, Bahasa, Malagasy) • Approach: Multi-layered decision framework that utilizes Metadata score, Application Score and Psychometric score.

  6. CRIF’s psychometric credit scoring platform can help banks, lenders and financial institutes set up their own credit scoring model and tap the unbanked section of customers. Take advantage of the Psychometric Credit assessment Platform by CRIF Ask for a Demo Now Follow CRIF India on:

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