A credit score is a range designed to represent the likelihood you will pay your bills on time, higher credit scores generally result in more favorable credit terms. Bullk designed a unique model to represent your credit risk.
Credit scores are calculated using the information in your credit reports, including your payment history, the amount of debt you owe, and the length of your credit history.
Higher scores mean you have demonstrated responsible credit behavior in the past, which may make potential lenders and creditors more confident when evaluating a credit request.
Credit scores are used by potential lenders and creditors, such as banks, credit card companies or car dealerships, as one factor when deciding whether to offer you credit, like a loan or a credit card.
With our scoring model, credit institutions will be able to get to know their clients better, and therefore, they will be able to offer products and other alternatives that are more accurate for them and their needs. Doing so will help them generate a healthier portfolio.
How does it work?
BULLK’S scoring model creates a predictable behavior profile on the willingness and capacity of payment.
We take into account the following variables:
Age, gender, geolocation, and marital status.
Credit History Print:
The amount of debt you owe, the length of your credit history, and your payment behaviour.
Daily operations from financial digital platforms.
Behavior and insights in digital applications.
Providing consumers and businesses with a wide range of solutions!
-Get better offers, fees, and perks.
– Improve the terms, get longer payment periods, higher amounts of credit, and lower interest rates.
– Creditworthiness: get more trust from your creditors as you are considered a low-risk borrower.
– Improve your image and perceptions for the banks; build a more complete profile, with better qualifications for a better financial future.
Benefits for credit Institutions:
– Accurate and detailed segmentation to generate personalized products.
-A full evaluation to determine the clients´ financial behavior as well as the probability that they will repay loans in a timely manner.
– Prioritize contacts and personalized attention to generate better business/ commercial opportunities.
-Increase customer loyalty.
Bullk Services: a new financial scoring model in Latin America
Bullk Services by Gumery, is an emerging firm, it has developed a predictive scoring model based on 4 axes that generates greater trust between financial institutions and their users.
Business partners and clients