Experian Credit Risk

Score8.4 out of 10

16 Reviews and Ratings

What is Experian Credit Risk?

Experian Risk Management helps lenders understand the aggregate risk, create appropriate credit risk policies and products, identify and retain profitable customers and automate credit granting decisions.

Categories & Use Cases

Financial Risk Management

Verified User

Manager in Product Management (201-500 employees employees)

Pros

Detailed past history of credit repayments
Information on credit appetite of the user
Insights on the overall credit risk associated with a user
Prediction on how the risk would change basis user behavior

Cons

Algorithm could be more transparent
Sometimes the recommended actions don't end up immediately increasing score
Too costly

Most Important Features

Credit score
Detailed factors affecting the credit score
Predictions on default rates

Return on Investment

Helped reduce overall defaults on our credit portfolio
Structured data from a single source means much faster processing of credit requested
Helping users take right action to improve their credit score

Alternatives Considered

Equifax Credit Risk Insight and TransUnion Customer Engagement Solutions

Other Software Used

Equifax Credit Risk Insight, Experian CrossCore, Experian Data Quality (QAS)

Verified User

Program Manager in Corporate (5001-10,000 employees employees)

Use Cases and Deployment Scope

It is helping us to evaluate the credit risk of the companies which we are planning to acquire in [the] next few quarters, which will help us to plan substantially to avoid financially weak companies for acquisition and ensure that our merger and acquisition [fetch] desired results very [quickly].