If you’re a non-prime lender, you have specific sets of criteria you look at when evaluating applicants. You may even be able to identify different credit trends and behavior based on consumer demographics that you can use for lead generation and marketing purposes.
Aside from distinguishing trends and behaviors, there
At Clarity Services, we do not just give you data – we give you insights. We are always analyzing our alternative credit data and discovering trends in the subprime lending industry. If you have any questions about our content or solutions, please do not hesitate to contact us.
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Webinar: 2019 Trends and Insights Report Explained | Thank You
A webinar on consumer trends. Recorded May 22, 2019
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You’re aware that securing traditional credit for non-prime borrowers is challenging. But there are ways to align these
If you’re a non-prime lender who still has not incorporated alternative credit data as part of your customer acquisition strategy, this blog is for you.
You probably already know that more of your competitors continue to invest in the following premise:
Alternative credit data provides significant visibility into critical non-prime
Storefront lenders can use Clarity’s alternative credit data to offer loans to small-dollar consumers and applicants at more reasonable rates, building a larger customer base and helping borrowers build their credit.
While storefront lending is a relationship-driven business, a broader view of a borrower’s history can reveal important insights. Protecting
In a booming market, online consumer lenders must consider associated risks:
identity verification in a consumer-not-present environment
fraud detection and prevention
and remaining profitable in an increasingly competitive market
Rather than limiting growth potential, alternative credit data can make it easier to identify creditworthy customers in a high-risk
Alternative credit data for rent-to-own lenders can be a decisive asset in simplifying the approval process.
RTO providers and customers want the same thing – a convenient way to confirm details for a mutually beneficial transaction.
Subprime consumers face special credit challenges that are often easily solved with alternative credit data,
Clarity’s 2019 Alternative Financial Services Lending Trends Report
Packed with five years of Clarity data and enhanced with additional insights from Experian’s national credit bureau – this is the alternative financial services lending trends report you do not want to miss.
For three years in a row, the AFS Lending
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