Skip to main content

Partners

Spring Labs

spring labs

Quantify Future Employment Risk with Income Stability Indicators

Key Benefits

  • Real-time indicators of micro and macroeconomic changes. Spring’s Employer, Geography and Industry (EGI) level future employment risk indicators allow lenders to systematically adjust underwriting in a dynamic economic environment, addressing key gaps in backward-looking credit scores.
  • Orthogonal data to optimize lending decisions. Spring’s Proprietary Entity Resolver makes previously siloed EGI level data accessible for real-time use in underwriting. Data sources include public records, third party APIs, 37M+ US business records for entity resolution, and firmographic data.

“ISI helps us identify blind spots in our existing models as well as safely serve new segments.”

DIRECTOR OF RISK FOR A LARGE, ONLINE, UNSECURED LENDER

Close Major Blind Spots With Real-Time Insights

pring Labs’ Income Stability Indicators (ISI) aggregates a vast array of data sources at the Employer, Geography and Industry levels to provide a more comprehensive risk profile. ISI data allow lenders to combine real time economic insight with traditional credit data

  • Use ISI for loss mitigation or growth, systematically adjusting score cutoffs, credit line assignment and pricing
  • Improve custom credit or fraud risk scores by including 300+ data fields as model inputs
  • Increase acquisition or portfolio marketing campaign effectiveness and ROI by targeting growing industries or geographies

Don’t leave blind spots in your underwriting – learn how ISI can help strategically grow your portfolio.

Resources

About Spring Labs

  • Services:

    • Proprietary employer and industry resolution
    • 300+ micro and macroeconomic indicators
    • Employer, Geography and Industry Risk Indices
    • Additional income underwriting products on Income Misrepresentation and Peer Lender Verified Income / Employment
  • Countries Supported:

    • United States