With delinquency rates and credit card losses at record highs, a system for predicting cardholder behavior prior to bankruptcy would prove a valuable tool for banks. Now that tool is at hand.

Fair, Isaac & Co. has developed a scoring model that predicts bankruptcies up to 18 months before they happen. Using several sources to research bankruptcies, including Trans Union's consumer credit database, Fair, Isaac created "Horizon," which is now available through Trans Union's on-line, prescreen and account management delivery services, as well as Fair, Isaac's ScoreNet and PreScore Services.

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