Affordability Assessment Requirements

Time: 2 pm GMT / 7am PST / 9am CST / 10am EST
Duração: webinar gratuito de 45 minutos

With: Bruce Curry, Vice President, EMEA Collections and Recovery, FICO & Dr Gerald Fahner,Senior Principal Scientist, FICO Scores

Affordability checks, specifically for indebted customers, can have a huge impact on all the parties involved. In order to drive a right outcome for customers, creditors and debt management servicers, there has to be a better way than lengthy manual form filling.

Fortunately, assessing affordability is getting easier! Learn more from this webinar.

Did you know:

• The biggest headache for most organizations is demonstrating compliance.
• Only 45% of organizations can complete income and expenditure analysis in less than 20 minutes.
• 72% of organizations believe that they need to refresh the affordability assessment with the customer every 3 or 6 months.

In this webinar, you will hear about affordability assessment innovations and developments that can affect you and your customers. You will learn about a new, forward-looking analytic that captures consumers' sensitivities to incremental card debt, gain insights into behavioural profiles of sensitive consumers, and see how lending decisions can be improved with this knowledge.