Suresh Annappindi
New Castle, DE (USA)
Role(s):
Founder/Owner/Principal
Scorelogix LLC
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Startup
Location:
New Castle
Industry:
Finance
Year Founded:
2003
Number Employees:
10-50 people
Description:
Founded in 2003, Scorelogix® is a pioneer in consumer income risk scoring and helps lenders – credit card issuers and mortgage companies – reduce their credit losses and increase profits.
Scorelogix’s patent-pending Job Security Score™ predicts consumers’ income-loss risk and credit capacity resulting in superior credit risk prediction and lending practices for the $2.5T consumer finance industry.
Job loss is a key reason for credit and mortgage defaults, therefore Job Security Score™ offers new, critical credit risk insights improving lenders’ ability to forecast consumer credit risk.