IXI™ Services - ability to pay index and income estimate
IXI Corporation's Ability to Pay (ATP) index and Income360 estimate of income are fully integrated with the LoanHD® performance management platform.
ATP is the premier risk model for loss mitigation and guides risk managers to the correct response for delinquent loans. ATP is household based, forward looking, and predictive. IXI's $10 trillion database of household data and access to anonymized credit information, give lenders the clearest picture possible of the creditworthiness of their borrowers so they can decide whether a loan should be modified, written off, or sent to collection.
Income360 provides a household-level income estimate with precise dollar values - up to $2.0 million of each borrower's income. The Income360 model includes income from wages and income generated from invested assets. It gives marketers, analysts, and risk management executives a more reliable estimate of income to improve performance for both direct marketing and online targeting campaigns.
Both Income360 and ATP information can be used to screen for new opportunity and expand wallet share in existing loan portfolios.www.ixicorp.com