Company Filing History:
Years Active: 2019
Title: Darrin Udean: Innovator in Credit Performance Assessment
Introduction
Darrin Udean is an accomplished inventor based in Lino Lakes, MN (US). He has made significant contributions to the field of credit assessment through his innovative patent. His work focuses on improving the evaluation of rejected credit applicants, providing valuable insights into their potential financial performance.
Latest Patents
Darrin Udean holds a patent titled "Systems and methods for inferring the performance of rejected credit applicants." This patent encompasses systems, methods, and apparatus designed to infer the performance of rejected credit applicants using non-tradeline data. The technology aims to evaluate factors that may indicate financial distress and future credit performance associated with an applicant. The method involves receiving applicant information and non-tradeline data, scoring the applicant's future credit performance using a predictive scoring model, and generating an estimated credit performance over a predetermined period.
Career Highlights
Darrin Udean is currently associated with LexisNexis Risk Solutions FL Inc., where he applies his expertise in credit performance assessment. His innovative approach has the potential to transform how financial institutions evaluate credit applicants, particularly those who have been rejected.
Collaborations
Darrin has collaborated with notable colleagues, including James Christiansen and Eric Graves. Their combined efforts contribute to the advancement of credit assessment technologies.
Conclusion
Darrin Udean's work in the field of credit performance assessment showcases his innovative spirit and dedication to improving financial evaluations. His patent reflects a significant advancement in understanding the potential of rejected credit applicants, paving the way for more informed decision-making in the financial sector.