COSTA MESA, Calif. -- Porsche Financial Services GmbH (PFS) has announced that it plans to implement the Connect+SM solution from Experian-Scorex.

Connect+ will be used in the new-business application process to enable PFS to obtain up-to-date customer information from local credit bureaus, combine it with details from the application and apply credit scoring and policies — all of which will allow PFS to make rapid and appropriate decisions about applications for car leasing and financing.

PFS will initially use Connect+ to support its business in Germany, Italy and the United States from its base in Bietigheim-Bissingen, with Experian-Scorex also delivering the credit scoring models that PFS will use within Connect+.

Porsche Financial Services GmbH, is a fully owned subsidiary of the Porsche AG Stuttgart. It provides a range of financial services from motor finance and leasing to car insurance and credit cards. PFS operates worldwide.

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