With TRAC Consultancy, Globetech has adjusted the national scores reflecting measurements of deprivation such as the number of county court judgements, unemployment, particularly long term unemployment, the proportion of households headed by a single parent, poor housing conditions, type of housing using data analysis from campaigns targeting the subprime market.
These scores are continually updated as data in Subprime Market as data is collected and analysed from Subprime Campaigns. The risk of debt in Subprime scores in the subprime areas is enhanced as a predominant factor.
The Subprime predictors are held as numeric scores for each full postcode and are linked to all UK Consumers in Verify4U our online Consumer ID and Risk Assessment System. The measures can be are used in combination with other variables and Credit Scores to create Bespoke Systems to suit all companies offering Credit in the Subprime Market.