LexisNexis Risk Solutions Launches RiskView Optics and RiskView Spectrum: A New Era in Alternative Credit Scoring
New solutions allow credit risk professionals to gain a more complete view of consumer credit worthiness.

New solutions allow credit risk professionals to gain a more complete view of consumer credit worthiness.
LexisNexis® Risk Solutions unveiled LexisNexis® RiskView™ Optics and RiskView™ Spectrum, two alternative credit scores supported by a comprehensive view of consumer credit risk culminating from years of innovation and research. RiskView Optics and RiskView Spectrum are three-digit FCRA-compliant credit scores that provide a broader view into consumer credit worthiness to deliver a more predictive assessment for a higher percentage of new applicants. RiskView Optics delivers predictive credit scoring that combines non-credit life events and alternative credit inquiry data while RiskView Spectrum utilizes those insights in combination with traditional tradeline credit data.
With increasing competitive pressures, declining tolerance for financial losses and mounting regulatory and fair-lending scrutiny, credit risk professionals require access to more complete pictures of applicant creditworthiness, in order to minimize risk and better serve their customers.
These new tools can significantly boost financial inclusion by uncovering more creditworthy no-file consumers. RiskView Optics and RiskView Spectrum can score more than 90% of applicants who do not have a traditional credit score – often referred to as credit invisibles – with a high degree of predictive strength. The scores also allow creditors and lenders to issue more competitive offers to consumers. RiskView Optics and RiskView Spectrum find more near-prime and prime applicants whose credit worthiness are often under or overestimated by traditional credit scores alone to help creditors and lenders maximize application acceptance rates while reducing risk exposure.
For the first time in the credit risk industry, LexisNexis Risk Solutions is able to capture the three most essential pillars of consumer credit behavior in a single score:
Traditional tradeline credit data helps creditors and lenders better understand consumer creditworthiness
Alternative tradeline data builds a more expansive view of consumer credit responsibilities
Alternative non-tradeline credit data (life event, asset ownership, property records and others) fortifies understanding of consumer credit stability and ability to pay
"Many creditors and lenders are committed to the principles of financial inclusion and want to help consumers. With increasing competitive pressures, declining tolerance for financial losses and mounting regulatory and fair-lending scrutiny, credit risk professionals require access to more complete pictures of applicant creditworthiness, in order to minimize risk and better serve their customers," said Ankush Tewari, vice president of credit risk assessment at LexisNexis Risk Solutions. "Organizations need the broader risk visibility attainable through alternative credit data. The more insight, the greater the advantage. With our RiskView Optics and Spectrum solutions, lenders can make better credit decisions on nearly every U.S. consumer."
Visit RiskView Optics and RiskView Spectrum for more details on how creditors and lenders can better evaluate consumer risk. Attend a webinar on Mar 2, 2021 at 2:00 pm ET hosted by American Banker with Aite Group analyst Leslie Parrish and LexisNexis Risk Solutions senior director of credit risk strategy Kevin King: Surveying the Landscape of Alternative Data.
Originally posted on Auto Dealer Today
More Auto Finance

First-Quarter Sees Long Auto Loan Growth
Experian data show more consumers are tapping the method, along with refinancings, to afford buying. Meanwhile, subprime borrowers are getting more access.
Read More →
Mastering Credit Friction
In this video, Josh Krach explains how to turn credit friction into an advantage.
Read More →
April Less Affordable
Based on prices, reduced incentives and slower household income growth, consumers found it more challenging to buy new last month, Cox Automotive reported.
Read More →
Auto Lenders, Consumers on a Tightrope
April borrowing data shows that more consumers are bending over backward to buy vehicles, though subprime lending cooled off for the month.
Read More →
Toyota Financial Services President Replaced
Scott Cooke has served in various roles with Toyota Financial Services for over 20 years, including president and CEO, which he retires from on June 30.
Read More →
Permission or Approval: When to Notify Finance Sources
Credit card down payments, multiple vehicle purchases and even straw purchases can be completed without committing bank fraud, as long as you tell the bank first.
Read More →
At-Risk Auto Borrowers Drive Looser Credit Access
Cox Automotive’s index shows the subprime segment, long loan terms, negative-equity borrowers and down payment amounts all grew in February despite ever-higher vehicle prices.
Read More →
Auto Loan Forecast Bucks Market Trend
Auto loan originations rose over 6% year-over-year in the third quarter of 2025, but TransUnion predicts a slight decline in auto loan growth this year, making it an outlier in the company's overall lending forecast.
Read More →
Auto Credit More Plentiful
Growing access shows greater lender appetite for risk as consumers take on heavier debt burden in an inflated market.
Read More →
Auto Loans Long as Stretch Limos
More consumers, faced with ever-rising car prices, are adapting by agreeing to longer loan terms despite the cost of added interest payments.
Read More →