Scorelogix® is a pioneer in job risk scoring and the developer of the world’s first Job Security Score™ which predicts job-loss and income-loss risk for individuals based on their personal profile and economic factors impacting their jobs.
Job Security Score™ helps financial institutions predict consumer credit risk more accurately by forecasting person-specific income risk. It also helps direct marketing companies develop superior prospect mailing lists by focusing on consumer preferences by their job security level. |
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Job loss is a key driver of bankruptcies, losses, and delinquencies, therefore Job Security Score™ has significant applications as a credit risk predictor, both as a supplementary credit score and a primary credit score when conventional credit scores are not available or are unreliable.
Job Security Score™ is unique in that it predicts credit risk due to unemployment that is not captured by credit bureau score and therefore is a new and powerful tool for minimizing credit default risk. |
