Following its milestone delivery of 15 million credit scores, FinScore introduces CrediView – a transformative add-on to its Telco Credit Score. Designed similarly to a credit report, CrediView shows banks and lenders a borrower’s recent loan inquiries from over 40 financial institutions in the Philippines.
Describing CrediView as similar to a “credit bureau inquiry service,” FinScore Country Manager and COO Christo Georgiev introduces the product as a huge contributor to the credit decisioning process. He elaborates: “CrediView gives financial institutions aggregated information regarding past loan inquiries. The reports have been enriched with the insights and experiences we gleaned from the many years we worked with banks and lenders. In many use cases, CrediView reports has proven to be a powerful and reliable predictor of credit risk. It has enabled our clients to extend credit to more unbanked applicants, increase approval rates, and batch-score large volumes of potential borrowers, while reducing risk.”
With a steady pipeline of product launches and innovations, FinScore boldly stakes its claim as the industry trailblazer. “Our grand mission, since the beginning, is to bridge the gap closer between financial institutions and the underserved Filipino base it dreams to serve. With every quality-of-life improvement we add to our products, every Juan becomes one step closer to fair and equal financial access.”
FinScore is a leading fintech company and alternative credit score provider in the Philippines, offering innovative scoring solutions to the dynamic needs of banks, financial institutions, and credit bureaus. FinScore’s telco data credit scoring in the Philippines allows institutions to offer better services to existing customers, attract new ones, and approach untapped market segments. Through their Telco Scoring model, FinScore provides insights based on 400+ variables, including top-up patterns, voice and mobile data usage, duration of calls, SIM card age, and many more. For more information, please visit www.finscore.ph