With credit card delinquencies and defaults higher than ever before, it’s critical for buyers and sellers of credit card debt to be able to accurately value credit portfolios.
By enhancing traditional credit portfolio valuation strategies with an understanding of households’ ability to pay their credit balances, firms can more accurately decide which portfolios should be bought or sold.
IXI’s Ability to Pay Solutions enable firms to understand a delinquent or defaulted consumer’s current ability to pay, as they project a household’s existing financial resources and credit usage. These solutions are modeled from multiple sources, including summary factors produced by IXI’s proprietary database of consumer investable assets. The foundation of this database includes anonymized directly measured assets gathered from over 95 leading banks, securities, and insurance firms.
IXI’s Ability to Pay Solutions include: Ability to Pay Index, Income360, Comp360, and CreditStyles Pro*.
IXI’s wealth-based Ability to Pay Solutions supplement existing inputs to credit portfolio valuation and can help firms better:
- Identify and rank segments within a portfolio based on their ability to pay their credit balances
- Understand how consumers’ ability to spend impacts their ability to pay off delinquent accounts
- Isolate concentration risk by examining the aggregate ability to pay of specific geographies
Learn how IXI can help your firm’s strategy to maximize collections and mitigate losses.