CreditView Product Module
Increase engagement by helping customers understand what impact financial decisions could have on their credit score.
TransUnion Score Simulator helps consumers understand the potential impact specific actions may have on their credit score and overall financial health by enabling them to proactively test different credit and repayment scenarios (like adding a new credit card, taking out a mortgage or missing a payment) before committing to a decision.
As an add-on module to TransUnion CreditView, this capability enables businesses to offer customers thousands of possible credit score combinations and outcomes in an easy-to-use and understand, user-friendly format — which can be custom branded to suit the business's customer journey.
Score Simulator helps to create confident and empowered customers by simulating how financial decisions can impact their credit score. And results show 30%* of consumers go on to complete the simulated action. Score Simulator helps businesses to stand out in the credit education space, and encourages positive customer behaviours via the insights it provides.
*based on stat 30% of consumers who simulated ended up opening a new card, compared to 15% of those who did not simulate. 2022 analysis of TransUnion-hosted dashboard users.
Help customers understand what impact financial decisions could have on their credit score with Score Simulator
Start empowering your customers with Score Simulator today by filling in the enquiry form below or contacting your account manager to find out more!