The Compuscore PSY scores are designed to predict credit risk, based on a consumer’s psychometric information. They can be calculated after a consumer completes the relevant multiple-choice quiz. In the quiz, a series of questions are proposed to which the consumer has a set of image-based options from which to choose in response. The consumer’s choices are then analysed in terms of their main personality traits across, amongst others, the ‘Big 5’ psychological constructs. These are openness, conscientiousness, extraversion, agreeableness, and emotional stability.
The quiz was built using 28 questions, out of a pool of 218 unique questions, designed for South Africa.
The Compuscore PSY suite consists of four psychometric scores:
Psychometric information has proved predictive for insurance, collections and fraud. As an additional service, bespoke scorecards can be built according to specific needs.
How long does it take? Our aim is to make this process as convenient as possible, for both the lender and the consumer. As such, the entire process, from application to result, can be carried out in as little as 5 minutes.
Try it out! We would like our clients to give Compuscore PSY a go, by answering the demo quiz.
For the next 3 months, we would like to offer our clients a free Compuscore PSY trial. No integration is necessary for the trial as results will be returned in batch. If they would like to proceed, they need to complete the attached Agreement form, which should be signed by the client and returned to: [email protected]
The 3-month period is applicable from the date the client agreement is signed. Thereafter, standard rates apply: Psychometric credit score costs R3.00 (ex. VAT), and on-file psychometric credit score costs R6.00 (ex. VAT) – volume discounts are available.