Newsroom TransUnion CIBIL


Mumbai, 20th April, 2021: TransUnion CIBIL today launched CreditVision® NTC Score – a credit scoring solution which will enable credit institutions to assess the eligibility of new-to-credit (NTC) consumers who have never taken a loan or credit card from banks or financial institutions before. NTC consumers have no formal credit history and as such have historically been hard to assess and score. CreditVision® NTC Score incorporates an algorithm that uses an adaptive machine learning framework for continuously monitoring behavioural trends of similar data subjects to capture any major shifts in trends or variables. The score ranges from 101-200, with higher values indicating lower credit risk and reduced probability of default by the borrower. This scoring model is provided only to credit institutions and banks for credit risk assessme...