New Auto Lending Scoring Model from LexisNexis and Equifax

- March 29, 2016

LexisNexis Risk Solutions and Equifax Inc. announced the launch of PowerView Score, a new, three-digit credit scoring model tailored specifically for use in auto lending. The new scoring leverages alternative data sources, including telecommunications and utility payment history from Equifax and public records information from LexisNexis, to help automotive lenders identify creditworthy car shoppers. Lenders have access to the power of Equifax’s National Consumer Telecom and Utilities Exchange (NCTUE) and traditional credit bureau data partnered with LexisNexis Risk Solutions decisioning data.

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