FICO® Expansion® Score
FICO Expansion Score
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FICO® Expansion® Score

The FICO® Expansion® Score predicts credit risk for consumers without FICO® scores by bringing together data in real time from alternative credit data sources. Grow your business profitability in underserved markets while tightly controlling risk exposure.
Key Benefits
  • Instantly identify good credit risks in previously unscoreable populations
    An estimated 25% of the US adult population (about 50 million individuals) lack enough traditional credit data to generate a FICO score.
  • Reduce costs by eliminating the need for most manual underwriting
    You can generate a FICO Expansion score for up to 95% of thin-file and 75% of no-hit applicants.
  • Add precision to borderline decisions
    For accounts that currently have a FICO score but are close to your score cutoff, the FICO Expansion score can provide additional insight into a consumer's future credit behavior, allowing to you to make decisions on borderline accounts with more confidence.
  • Gain loyal customers
    When granted appropriate credit, underserved populations tend to remain customers longer and use more additional products than the general population.
Feature Highlights
  • Rank-orders consumers by creditworthiness
    Three-digit scores are generated in the same score range (300 - 850®) as the FICO score.
  • Scores consumers on an overall picture of their financial behavior
    Unbiased forecast of credit risk is based on historical behavior across a variety of financial obligations (sources like purchase payment plans, checking accounts, property, public records etc.).
  • Includes reason codes for communication and documentation
    Up to five reason statements help you discuss decisions with applicants and comply with regulations.
  • Available directly from Fair Isaac Credit Services, Inc.
    The FICO Expansion Score is provided by Fair Isaac Credit Services, Inc., a subsidiary of Fair Isaac Corporation.

Success Story

In retro-validation testing, the new score provided excellent rank-ordering of credit risk across underserved applicants that had been booked by participating lenders, and on showing the credit quality (based on good-to-bad odds) that lenders can expect for any given score range. The credit card pool, for example, showed a Good:Bad odds ratio of 1.4:1 for the lowest scoring consumers rising consistently up each score band all the way to 29.7:1 for the highest scoring consumers.
 
 

Speak with a FICO representative about our solutions and your business needs by calling us:

US (toll free): +1 888 342 6336
International: +44 (0) 207 940 8718

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