Safely Expand Your Portfolio
You probably have a benchmark in your credit evaluation criteria that indicates a minimum credit score you can accept. Following this process keeps your loan offers in check, but could mean you’re missing out on credit-worthy consumers.
In our eGuide, Mastering the Consumer Life Cycle in Auto Lending, we discuss how augmenting traditional credit data with alternative data helps you better manage risk and benefits you throughout the entire consumer life cycle.
We’ll discuss how you can determine which consumers will make profitable new customers and present the least amount of risk and cover additional topics such as:
- Use cases for prospectingunderwriting, collections, account review, and more
- Expanding your portfolio without adding risk
- The state of the automotive finance market
- Opportunities for auto lenders and consumers