IFI of MILI uses the scoring FICO Fraud Score model NBKI

The MILI microfinancial company integrated into the system of decision-making on issue of microloans the scoring Fraud Score model developed by FICO and the National Bureau of Credit Histories (NBCH). The model assumes operational assessment of probability of credit fraud at an analysis stage of the credit request that allows to increase security from credit swindlers, without changing a convenient format of the credit request and time for its consideration.

"Application of the scoring FICO Fraud Score model provides fast detection of suspicious credit requests for the detailed analysis, - the CEO of IFI of MILI Levan Nazarov comments. – It is important to note simplicity of implementation of this model, an opportunity to start its operational industrial use at the minimum costs. At the same time process of giving and processing of credit requests of our clients remains same simple and convenient. Fall forward and qualities of detection of potentially unfair borrowers, according to us, positively will affect also service quality of responsible citizens whom our company wants to see among the clients".