Clarity Services has developed an easy way for auto lenders to distinguish between creditworthy and higher-risk subprime consumers. Clarity understands that not all subprime auto consumers are created equal, so we created a unique dual score matrix. By combining or “overlaying” our proprietary auto risk score with the FICO® Auto score, lenders can more precisely assess risk and structure deals based on an subprime auto applicant’s risk level, not
Alternative credit data is often used as a catchall term to describe financial data. This data is typically sourced from alternative financial service providers and account aggregation, on consumers who are not abundantly reported on mainstream credit reports.
Other insightful details may include an individual’s income and employment history, coming from applications underbanked individuals submit for other alternative financial services. The aggregation of all these peripheral particulars can help paint