KreditScore
The process of vetting and understanding your customer’s risk profile is important as a result of changing market conditions, internal debtor factors and even the creditworthiness of the principals of the business. KreditScore provides you with an accurate way of identifying risk and removing any subjectivity in your lending decisions and lending assessments.
What is KreditScore?
KreditScore is Experian’s statistical business scoring model. Our scoring calculates the level of risk to your business and the likelihood of a customer failing within the next 6 to 12 months. KreditScore helps you to undertake lending risk calculations. It lets you assess commercial viability of customers and prospects - to identify, manage and reduce risk to your business.
KreditScore incorporates a range of different variables to calculate the risk score and is based on fully researched and up-to-date business credit reports.
KreditScore is available on multiple platforms including our online system, KreditReports, and as an XML data feed.
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