Credit Grantors Gain Customer Insight Based on Changes in Credit Behavior

Experian®, a global information solutions company, today announced the launch of Credit Migration Solutions(SM), a flexible, highly customizable and intelligent solution for credit grantors that analyzes the credit behavior of customers and prospects to make acquisition, portfolio management and collections decisions. This new capability can be used throughout the Customer Life Cycle to alert credit grantors to changes in a consumer’s credit profile.

By comparing credit behavior between two points in time, Credit Migration Solutions reveals how consumers are performing and how their credit profiles are evolving. The solution signals when consumers meet predetermined thresholds for credit scores and attributes, such as changes in balances, utilization or delinquency behaviors. Using this information, companies can target new customers, retain and expand relationships with current customers, and minimize risk exposure with others — all at the appropriate time.

“By knowing when a consumer’s credit behavior changes, lenders will be able to make a timely offer, change the credit limit or take other appropriate action,” said Kerry Williams, group president, Experian’s Credit Services. “This timely intelligence will help companies implement their credit strategies immediately to enhance marketing efforts and maximize customer relationships, minimize risk and improve profitability.”

The suite of products that make up Credit Migration Solutions is driven by Experian’s Customer Prospecting and Portfolio Services(SM) relational database, the industry’s most sophisticated credit marketing and portfolio management system. Experian’s database provides the most frequently updated consumer credit data, industry-leading processing time and flexible decisioning. The solution can be tailored to allow companies to set their own scores and attribute thresholds; monitor an entire prospect list or specified portfolio; and utilize accurate, reliable risk models to monitor score changes.

The suite of products that make up Credit Migration Solutions includes products in three key areas:

• Prospecting: Targeting prospects when they migrate into a credit grantor’s lending criteria can dramatically increase response and approval rates for preapproved credit offers. Prescreen Data Migration(SM) monitors and compares how a consumer’s credit behavior changes, informing companies when prospects move into predetermined thresholds. This enables responsive marketing based on timely knowledge. Output is via batch delivery. Customers who already use Experian’s Prospect Triggers(SM) daily triggering capabilities can integrate this tool into the same delivery channel as the daily trigger alerts by taking advantage of Prospect Migration Triggers(SM).

• Portfolio management: Identifying significant changes in customers’ credit profiles affect how companies manage risk, retention and cross-sell opportunities. Portfolio Data Migration(SM) delivers batch results that provide targeted information on customers based on predefined thresholds for account review. Portfolio Migration Triggers can be integrated into an already-existing daily triggers program to strengthen and expand customer relationships while creating the ability to spot credit problems before they impact profits.

• Collections: The ability to identify changes in debtors’ credit scores, balances, credit utilization and contact information is vital for knowing when positive changes signal a good time to resume collection efforts. Collections Data Migration(SM) delivers batch results, allowing customers to review portfolios for significant migration events on a recurring basis.

For more information about Experian’s Credit Migration Solutions, please call 888 414 1120 or visit www.experian.com/products/credit_migration_solutions.html. Visit Experian at booth 410 at the 10th Annual National Collections & Credit Risk Conference March 15-17, 2006 at The Venetian in Las Vegas, NV.