Experian’s latest innovation in risk management models, Income Insight, enables lenders in the US to comply with Federal Reserve Board rules requiring credit card issuers to assess borrowers’ ability to pay.
Experian supports the newly finalised rules, which allow for the use of “empirically derived, demonstrably and statistically sound models that reasonably estimate a consumer’s income or assets.”
Read more about Experian’s Income Insight
risk management model