Baltinvestbank started scoring 4Score Auto

On August 31, 2018 it became known that Baltinvestbank successfully completed transition to the scoring model 4Score Auto developed by BKI "Equifax".

Product scoring 4Score was developed taking into account nuances of behavior of the borrower at adoption of credit decisions on providing different types of the credits. Creation was carried out based on impressive data array which are accumulated by BKI "Equifax". Distinctive feature of this model is segmentation of a flow of requests at the level of scoring cards and exact getting into product group that minimizes the probability of averaging of estimates. Thanks to inclusion in model of special data, including parameters of credit history unavailable to banks, 4Score differs in the high separating capability that is confirmed by value of coefficient gini at the level of 60%, and on separate products - reaches 70%.

Crediting for purchase of used cars - one of priority activities of Baltinvestbank therefore gain of quality of assessment of credit risks in this segment became the main objective. After the careful analysis and comprehensive testing we made the decision on transition from the operating scoring of BKI "Equifax" of Application PD to scoring model 4Score Auto which completely meets our requirements and shows higher predictive capability and also stability of model on big periods of time. Feature of transition to scoring model 4Score Auto became instant, switching that allowed the system of adoption of credit solutions to function trouble-free and in full. Elena Kondratyuk, chairman of the board of PJSC Baltinvestbank

Since the beginning of 2018 we observe the active growth of a segment of car loans in the Russian market: significantly increase both volumes and quantity of the issued car loans, and value of an average credit amount. According to the statistics of about a third of all car loans fall on purchase of cars with a run, this very perspective direction. We cooperate with Baltinvestbank long ago and fruitfully and it is especially pleasant to us to offer our clients essentially other product which united special approach and all variety, force of the data of the market which are saved up in BKI "Equifax". Oleg Lagutkin, CEO, BKI "Equifax"