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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