FICO® Score Trends

• Manage risk with greater precision
  Lenders benefit from frequently updated score trend data to refine FICO® score usage, loan product guidelines and pricing strategies. Reporting is updated semiannually in partnership with Equifax.
• Benchmark against industry trends
  Understand macro, industry and other population segment-level FICO® score trends, and compare these to the trends of your own portfolio and prospect segments.
• Improve forecasting
  By identifying trends in the overall market, investors and portfolio owners can better forecast future losses to set loan loss reserves and establish portfolio value.
• Uncover new opportunities
  Lenders can view score trends and performance by geographic area and loan product type. This provides insight into growth opportunities — and areas where expansion is too risky.
• Respond quickly to changing risk trends
  Regular reporting allows lenders to evaluate risk shifts over time and understand how their portfolios compare to industry benchmarks. The access to frequently updated data and reporting is also invaluable to securities investors, rating agencies and regulators.

• Extensive reporting, exportable data — more than 30 combinations
  The service includes comprehensive reporting, including validation charts, alignment plots, characteristic trends, score distributions and score movement charts. Data can be easily exported to be incorporated into further complementary internal trending analyses.
• Tailored, in-depth view of risk
  With pre-defined drop-down options, subscribers can easily customize reporting to view industry-wide trends, then drill down into finer customer segments. They can view reports by industry (auto, bankcard, mortgage), observation date, new vs. existing customers, and geographic region. For mortgage reporting, users can further refine reports by different vintages.
• Compare multiple views side-by-side
  Subscribers can create two or more views in the same chart to compare, for instance, how performance has changed over time or varies by geographic location.
• Information is recent and relevant
  FICO Score Trends data is updated on a semiannual basis, enabling keen insight into recent trends. The service also allows users to benchmark historical trends by including data as of 2005.
  

View the FICO® Score Trends product showcase demonstration.

In this 30-minute presentation, learn about the FICO® Score Trends service, see the various reports available, and learn how the service can help you improve credit decisions, loss mitigation, loss reserve forecasting and portfolio valuation.

More Resources

Want to understand how credit risk is changing around you? Our analysts have created a new report that articulates the insights they’ve gained by looking at the most recent data in FICO® Score Trends. Learn more about the 2010 FICO Score Trends Insights Report.