The FICO® Resilience Index is a tool designed to be used by lenders to help predict how resilient a person’s credit may be in the event of an economic downturn, including either a national recession or a regional downturn.
Consumers may have different levels of resilience to an economic downturn depending on their individual credit profiles. Some consumers will be able to weather an economic downturn better than others. Lenders may use this index to identify consumers that are more likely to pay as agreed in the event of a recession.