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Posted on Thursday, July 24, 2008 7:53:00 AM Sign Up to receive Daily News Alerts in your E-mail Inbox  
CHICAGO, July 10 -- TransUnion announced today the launch of its newly updated TransUnion Account Management and TransUnion New Account scoring models. Both models experienced improvements, over the previous versions, in their ability to identify bankrupt accounts -- in some cases by as much as 32 percent.
The Account Management Model is built specifically to help the financial industry manage existing credit accounts while enabling them to identify the most profitable current accountholders. The third version of this model, which also predicts the likelihood of an existing accountholder becoming 90 days or more delinquent in a 24-month period, revealed a 32.1 percent improvement in identifying bankrupt accounts in the lowest 5 percent of scores.
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