Experian, Costa Mesa, CA, said yesterday that its Experian-Scorex division launched ScoreRight, a credit score simulation tool to help lenders and brokers close more loans and offer consumers the most competitive interest rates.
Experian-Scorex helps clients evaluate credit risk with its Scorex PLUS offering. The new ScoreRight tool uses credit applicants' data and allows lenders to simulate specific credit-related actions across all three of the consumers' credit reports. Lenders then can use the data to offer competitive interest rates and help consumers understand their credit scores.
Additional information about ScoreRight can be found on the Experian Web site at http://www.experian.com/products/score_right.html or by calling 888/894-4695.