OneScore for Commercial is able to more accurately predict delinquencies through in-depth modeling by utilizing the power of the commercial credit database from Equifax, including the Commercial Financial Network from Equifax, trended data, public records, firmographic and non-financial information.
Determining Credit Worthiness is No Longer Just a Number.
Even the most sophisticated scores and risk models are not able to consistently predict risk if they are not fitted with a comprehensive and representative data set. The more complex the credit model, the more observations of default events it needs from that sample period in order to adequately predict the possibility of default. At the same time, it needs to be smart enough to accommodate multiple scenarios, across multiple industries.