New Data Underscores Strong Performance of the FICO® Resilience Index

When we released the FICO® Resilience Index in late 2019, we were often asked, “How do you know it will work in the next recession, if it was developed based on the Great Recession?” As the economic uncertainty due to the COVID-19 pandemic mounted, this question gained urgency. But with limited delinquency data being reportedi , we explored other means to help our clients test and validate the FICO Resilience Index in the newly stressed economy.