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 population. With the most unique consumer data available for these consumers, online lenders can price deals according to true risk.
What does alternative credit data bring to the table for online lenders?
Find out by reading this eGuide.