Alternative Credit Data Insights

Clarity Services, a part of Experian, offers you an extensive library of whitepapers, reports, infographics, videos, case studies, and more about alternative credit data developed by our knowledgeable experts. Use these resources to find answers to complex business problems and gain insights into the fast moving world of subprime credit data.

How to Combat Online Lending Fraud

They say that the eyes are the windows to the soul. But when you’re conducting business online, the eyes and every other fragment of identity is concealed. The “hidden” nature of the online environment makes it a breeding ground for fraud.

Fraud in all its forms is so pervasive in the subprime lending industry that lenders are tasked with trying to verify each applicant’s identity, their credit history, their ability

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    How Debit Activity Can Benefit Lenders in a Cashless Society

How Debit Activity Can Benefit Lenders in a Cashless Society

More lenders are accepting non-traditional credit data as part of their best practices. With nearly half the American population carrying a subprime credit score, rent-to-own companies, online installment, storefronts and others are embracing new tools to intelligently navigate a market that has been largely overlooked.

With an eye toward the future, Clarity Services developed a novel method to confirm a consumer’s banking status. The solution, Clear Bank Debit™, displays data from

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In the Fight Against Fraud, How’s Your Data Doing?

Fraudsters work around the clock. Your fraud prevention measures should too. Fraud prevention is a primary concern for any business in the lending industry. The growth of digital and mobile technologies makes it increasingly difficult to determine who is on the other end of a transaction.

A lender’s risk is naturally higher with a subprime borrower than with a traditional prime consumer. As fraud in its various forms continues to

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Clarity Services Introduces Clear Fraud for Online Installment

Clarity Services introduces its newest solution specially designed to predict “intent not to pay” fraud for customer-not-present transactions, Clear Fraud for Online Installment. Available now, the new product offers a powerful score whose performance has shown to more accurately assess online loan application risk.

“The online installment market faces unique challenges because consumers can literally be located anywhere,” said Tim Ranney, CEO and President of Clarity Services. “We’ve augmented the

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Clarity Services Expands Its Suite of Tools to Protect Lenders From Default

Clarity Services announced today the release of a revolutionary credit verification tool, Clear Last Look™, which allows lenders to verify that a consumer’s credit activity has not changed in the hours between underwriting and funding.

Combined with existing products such as Clear Fraud™, Clear Bank Behavior™, and Clear Tradeline™, the new offering forms a comprehensive, end-to-end chain of solutions to safeguard lenders throughout the entire underwriting journey. Many types of

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    Subprime Lending Trends Report Offers Insight into Shifting Market

Subprime Lending Trends Report Offers Insight into Shifting Market

As a lender in a busy, fast-paced marketplace, you’re likely focused on your day-to-day operations and not always on the big picture. On occasion, it’s helpful to step back to see the subprime trends in the market as a whole. Consumer behaviors, preferences, and habits can help decide your next business strategy.
Follow the Trends to Find Your Customers
The more you know about your customers, the better you

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    Clarity Trends Report Presents the Evolution of the Subprime Market

Clarity Trends Report Presents the Evolution of the Subprime Market

Clarity Services, the subprime industry’s largest credit reporting agency, today announced the release of its 2017 Subprime Lending Trends report. More than just a demographics report, it offers exclusive insights into emerging consumer trends that can help lenders reach the consumer where they are.

The trends report goes beyond simply offering insight into the subprime consumer; it focuses on the broader alternative lending market. Do online or storefront customers take

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