SALISBURY, Md. — Credit Plus Inc., announced that it will include Fair Isaac Corp. FICO expansion score in its PRBC reports beginning in mid-April, offering a sharper evaluation of credit risk, according to the company.
The FICO expansion score utilizes a traditional FICO score range of 300-850. The report combines PRBC's verified trade line information, which has been validated to meet or exceed secondary-market requirements, providing a comprehensive risk assessment.
"Our customers have been really excited about our PRBC reports, which have helped them increase their lending base and reduce losses. Today's mortgage environment is fraught with fraud and this thorough analysis is one way to mitigate it," said Allen Johnson, vice president of sales and marketing at Credit Plus.
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