Risk Navigator 5 is the latest addition to the Equifax Risk Navigator Score Suite that assess a consumer’s credit risk, helping lenders and creditors make better-informed and explainable lending decisions. Our latest score sets a new standard in powering better decision-making and improving consumer credit outcomes.
Developed using Equifax UK’s largest ever data set to date, Risk Navigator 5 harnesses new data sets has the potential to deliver a 6% average improvement in predictive power*.
The full Risk Navigator Suite including market-specific scores for telecoms, retail, mortgages, credit and store cards, loans and current accounts is still available to maximise the predictive performance of the score on a particular portfolio.
With access to more robust, representative data, lenders and creditors can now make better-informed and explainable lending decisions and deliver better customer outcomes.
Learn how Risk Navigator can assist your business with improving risk scores and managing risk for you and your customers.
*Source: Equifax Data & Analytics. Developed using logistic regression on a sample of more than 1 million credit applications (including current accounts,credit cards and unsecured loans).