Before lenders can reduce loan underwriting costs and approve more loans, they must first be able to authenticate eligible applicants and flush out the abusers. That’s a tall task, given today’s environment of online lending, competitive pressure and quick turnarounds. Fortunately, it’s a goal that leaders throughout the industry are tackling from multiple angles.
With subprime consumers now representing more than half of the market, Clarity Services is uniquely positioned to provide lenders with a complete picture through exclusive historical and real-time reporting from this key segment. For example, when consumers open multiple loans [...]