The Evolution of Risk Scoring
The Sooner, the Better: How Risk Scoring Became a Powerful Pre-Repo Tool DRN data has long been used in collections and repossessions to find more vehicles faster. We believed this data could be just as powerful for lenders as they scored loans and considered when to assign a vehicle for repossession. Our idea: use DRN’s vehicle location data and analytics to assess risk and influence decisioning after origination and before repossession. Lenders use traditional attributes such as missed payments, numbers of loan extensions and FICO score trends in their behavior and repo scoring models to determine when a vehicle should
