« SigniaDocs Releases eSign eNsure To Enforce Legal Mortgage Disclosures | Main | DocuSign Launches New Enterprise Service Capabilities for Electronic Contract Execution »
July 25, 2008
Cogent Road Introduces Padded Credit Score Detection Tool
Cogent Road has launched an automated tool for detecting if a credit score has been artificially inflated due to questionable or untrustworthy "authorized user" accounts within the borrower's profile.
The solution examines credit reports to detect the probability that a borrower's credit score is being artificially manipulated based on a different individual's payment history. Using a complex series of comparative algorithms, this detection tool analyzes the borrower's credit profile as a whole to detect whether or not authorized user tradelines are consistent with his or her historical payment pattern.
Posted by S. Germain at July 25, 2008 08:03 AM