Bankruptcy navigator index score

“The score ranges from 100 to 950, with lower scores indicating a higher risk of filing for bankruptcy or [a consumer] proposal,” the company added, noting that financial institutions, telecom Equifax’s Bankruptcy Navigator Index, for example, ranges from 1-600, updated from former models which ranged from 1 to 300. Contrast this with Experian’s Bankruptcy PLUS, which gives the lender an option of a 1 to 1,400 range and a 300 to 900 range.

To maximize your portfolio profitability and protect against the immediate, long term, or surprise risk of bankruptcy, consider Bankruptcy Navigator Index 5.0. As a powerful combination of market-leading Equifax consumer credit data and proven analytics, it's designed to improve your portfolio performance by helping to anticipate bankruptcy risk. On one hand, their mainstream bankruptcy score range offers a range from 1 to 1400, and a lower score equates to lower risk. On the other hand, they offer a more traditional credit risk model score range from 300 to 900, and a lower score within this range equates to higher risk. While your credit score is based on your proven track record, your Bankruptcy Navigator Index (BNI) is a ‘predictive’ score that looks at the future. It takes a look at how you use your credit and scores you on the likelihood that you will become insolvent in the next 24 months. Bankruptcy Navigator Index (BNI) is an FCRA scoring model that predicts the likelihood that an individual will file for bankruptcy within the following 24 months. BNI uses advanced data science such as the patented NeuroDecision Technology for greater predictive accuracy. Equifax, a US credit bureau, offers a bankruptcy risk score called Bankruptcy Navigator Index to its commercial clients. The BNI 4.0 considers a consumers credit balances versus credit limits as the most heavily weighted factor. It has a scoring range starting at 1 (low) and ends at 600 Bankruptcy scores predict the likelihood you'll throw in the towel on your debt entirely and file for Chapter 7 liquidation or a Chapter 13 repayment plan, said David Rubinger, spokesman for credit bureau Equifax, which produces the leading Bankruptcy Navigator Index or BNI. BNIs range from 1 to 300, with the higher the score,

According to Liz Weston of MSN Money there are 8 secret scores that lenders keep: Credit-risk scores: These are the credit scores most of us know. The leading credit score, the FICO, was created by Fair Isaac and ranges from 300 to 850, with scores over 700 generally considered to be low risk.

A bankruptcy risk score is a number that indicates the likelihood of an individual filing for Equifax, a US credit bureau, offers a bankruptcy risk score called Bankruptcy Navigator Index to its commercial clients. The BNI 4.0 considers a  Introducing, Bankruptcy Navigator Index® (BNI), an FCRA scoring model that predicts the likelihood that an individual will file for bankruptcy within the following  Discover Bankruptcy Navigator Index 3.0: The predictive power to guide your consumer lending strategy in the right direction. Equifax's Bankruptcy Navigator Index® (BNI) score forecasts the chance of bankruptcy within 24 months, with a range from 1 to 600, with lower scores being at a  4 May 2018 Credit reporting bureau Equifax has a Bankruptcy Navigator Index that it says allows lenders to “uncover the financial red flags not so obvious  20 Jan 2009 For example, credit bureau Equifax's Bankruptcy Navigator Index (BNI) uses scores that range from 1 to 300, with a higher score indicating a 

“The score ranges from 100 to 950, with lower scores indicating a higher risk of filing for bankruptcy or [a consumer] proposal,” the company added, noting that financial institutions, telecom

9 Dec 2010 Equifax has a model called Bankruptcy Navigator Index (or “BNI”) and it predicts the likelihood of you filing bankruptcy. And some bankruptcy  Though bankruptcy filings are on a decline, consumer debt has risen to almost $4 trillion in 2018. Meanwhile, financial institutions continue to lose billions to consumer bankruptcy filings. Compounding the challenge is the fact that many bankruptcies come as a surprise to lenders, as many are filed by consumers that exhibit good credit behaviors. Equifax, a US credit bureau, offers a bankruptcy risk score called Bankruptcy Navigator Index to its commercial clients. The BNI 4.0 considers a consumers credit balances versus credit limits as the most heavily weighted factor. It has a scoring range starting at 1 (low) and ends at 600 Bankruptcy Navigator Index (BNI) 3.0 helps you lend money smartly, and profitably. You can now go beyond traditional risk assessments to uncover the financial red flags not so obvious at first glance.

Introducing, Bankruptcy Navigator Index® (BNI), an FCRA scoring model that predicts the likelihood that an individual will file for bankruptcy within the following 

Though bankruptcy filings are on a decline, consumer debt has risen to almost $4 trillion in 2018. Meanwhile, financial institutions continue to lose billions to consumer bankruptcy filings. Compounding the challenge is the fact that many bankruptcies come as a surprise to lenders, as many are filed by consumers that exhibit good credit behaviors. Equifax, a US credit bureau, offers a bankruptcy risk score called Bankruptcy Navigator Index to its commercial clients. The BNI 4.0 considers a consumers credit balances versus credit limits as the most heavily weighted factor. It has a scoring range starting at 1 (low) and ends at 600 Bankruptcy Navigator Index (BNI) 3.0 helps you lend money smartly, and profitably. You can now go beyond traditional risk assessments to uncover the financial red flags not so obvious at first glance. To maximize your portfolio profitability and protect against the immediate, long term, or surprise risk of bankruptcy, consider Bankruptcy Navigator Index 5.0. As a powerful combination of market-leading Equifax consumer credit data and proven analytics, it's designed to improve your portfolio performance by helping to anticipate bankruptcy risk. According to Liz Weston of MSN Money there are 8 secret scores that lenders keep: Credit-risk scores: These are the credit scores most of us know. The leading credit score, the FICO, was created by Fair Isaac and ranges from 300 to 850, with scores over 700 generally considered to be low risk.

8 Feb 2019 Like your credit score, your BNI (Bankruptcy Navigator Index) can be negatively impacted by excessive hard pulls. How much will each hard pull 

Though bankruptcy filings are on a decline, consumer debt has risen to almost $4 trillion in 2018. Meanwhile, financial institutions continue to lose billions to consumer bankruptcy filings. Compounding the challenge is the fact that many bankruptcies come as a surprise to lenders, as many are filed by consumers that exhibit good credit behaviors. Equifax, a US credit bureau, offers a bankruptcy risk score called Bankruptcy Navigator Index to its commercial clients. The BNI 4.0 considers a consumers credit balances versus credit limits as the most heavily weighted factor. It has a scoring range starting at 1 (low) and ends at 600 Bankruptcy Navigator Index (BNI) 3.0 helps you lend money smartly, and profitably. You can now go beyond traditional risk assessments to uncover the financial red flags not so obvious at first glance. To maximize your portfolio profitability and protect against the immediate, long term, or surprise risk of bankruptcy, consider Bankruptcy Navigator Index 5.0. As a powerful combination of market-leading Equifax consumer credit data and proven analytics, it's designed to improve your portfolio performance by helping to anticipate bankruptcy risk. According to Liz Weston of MSN Money there are 8 secret scores that lenders keep: Credit-risk scores: These are the credit scores most of us know. The leading credit score, the FICO, was created by Fair Isaac and ranges from 300 to 850, with scores over 700 generally considered to be low risk.

Equifax, a US credit bureau, offers a bankruptcy risk score called Bankruptcy Navigator Index to its commercial clients. The BNI 4.0 considers a consumers credit balances versus credit limits as the most heavily weighted factor. It has a scoring range starting at 1 (low) and ends at 600 Bankruptcy Navigator Index (BNI) 3.0 helps you lend money smartly, and profitably. You can now go beyond traditional risk assessments to uncover the financial red flags not so obvious at first glance. To maximize your portfolio profitability and protect against the immediate, long term, or surprise risk of bankruptcy, consider Bankruptcy Navigator Index 5.0. As a powerful combination of market-leading Equifax consumer credit data and proven analytics, it's designed to improve your portfolio performance by helping to anticipate bankruptcy risk. According to Liz Weston of MSN Money there are 8 secret scores that lenders keep: Credit-risk scores: These are the credit scores most of us know. The leading credit score, the FICO, was created by Fair Isaac and ranges from 300 to 850, with scores over 700 generally considered to be low risk.