Alternative Credit Data for Storefront Lenders

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 your business doesn’t need to be complicated.
What does alternative credit data bring to the table for storefront lenders?
Find

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We’ve Got You Covered with Clarity’s Clear Ability to Pay Solution

Get ahead of the CFPB proposal. Clarity is one step ahead with Clear Ability to Pay™. Our exclusive product provides real-time reporting so you can gain insight into a consumer’s debt obligations. We’ve done our homework.
Income: The Proposal
Under the proposal being considered by the Bureau, the lender would be required to verify the amount and timing of a consumer’s income either through bank statements, benefit statements, or

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