Posted On: November 29, 2006, 11:21 am CST

Posted By: Joe

Hi Wudchuck, you stated "But to think that it has a true bearing on someone's risk of driving, I think not!"

I would estimate that someone in your organization fully understands the direct and consistent bearing credit has in predicting loss and even persistency. Otherwise your company would not be spending the money to pull credit.

Even if your company does not have the "be all, end all" method for modeling credit data, certainly someone recognized that not making some attempt to incorporate even an over-the-counter credit model would certainty lead to adverse selection against your company.

Nobody spends money on credit, just for the sake of spending money.