Building a Risk Model with Utility Payment Data

The thin file population makes up approximately 25% of the total consumer universe in the U.S. Across the industry, lenders and credit agencies alike recognize that it’s time for risk modeling to adapt, but there hasn’t been a clear model for adding new data sources while preserving decision quality – until now. In this white paper, we’ll share:

• A model for incorporating utility payment history into credit decisions
• The impacts of utility data on marketable population, predictive accuracy, and loan performance
• Options for acquiring utility and telco payment data