More About CBD CREDIT:
CBD CREDIT
is a leading decision management solutions company, headquartered
in Princeton, NJ.
For
We have worked for American Express, Bank of New
York, Citibank, Lacks Furniture, Mercedes Benz, Zales Jewelers
and hundreds of other large and small auto financiers, banks,
credit unions, department stores, insurance companies, jewelry
stores, telecom and other utility companies around the world,
to optimize returns on their credit portfolios through our custom
built empirical and behavioral scoring models.
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We
help our clients to:
Increase their customer base without increasing risk.
Reduce default rates and save on credit losses.
Measurably lower the cost of collections.
Increase the lifetime value of customer relationships. |
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Placed among the Who's Who in Consumer Scoring
by Credits & Collections World,
we are perhaps the only company in the world, with the expertise
and models to develop custom models for scoring both individuals
and companies.
Dr. Pat Nanda, the Founder of the former company Creative Business Decisions, continues to work for CBD CREDIT, and is a globally recognized authority
in the field of credit. Twenty four years ago, he saw an opportunity in the credit
industry which was, at that time, using primitive tools to assess
the credit worthiness of loan applicants. He observed frequent instances
of inconsistent lending rules at different levels within an organization;
major Banks going into foreclosure due to bad loans; insufficient
and inefficient lending tools; and a high number of incidents of
impartial lending practices.
Dr. Nanda recognized
that a lender's profitability could be measurably improved by
using statistical modeling techniques. CBD CREDIT is a credit
scoring, risk assessment modeling, and consulting company. The
company develops statistical models with applications in the
areas of new account evaluation, tracking the behavior of existing
accounts, and prioritization of collection activity.
With changes in
the business environment, increased delinquencies, advancements
in technology, and the changing demographics
of consumers and businesses, CBD has evolved into a leading provider
of credit scoring models, consulting and software solutions to the global credit
industry.
More About our Software:
Our software can provide you with the industry's most robust and flexible Loan Origination system in an ASP environment.
The software provides application capture and processing along with bureau report-pulling, custom and generic scoring, policy and rules implementation, Tier based pricing, real-time report generation, collections and behavioral record analysis platform(s) with import/export facility, and much more in a highly secured environment.
The software, called 'DecisionStation', allows you to easily implement and manage scorecards and is fully integrated with the LS Retail.
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