Featured Blog
3 Reasons to use Alternative Credit Data in Prescreen Campaigns
In today’s competitive marketplace, it is important to deliver innovative financial solutions that create opportunities for growth in lending and consumer spending. Many of the largest U.S. lenders who work with ID Analytics have been telling us that prescreen marketing …
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Building a case for alternative credit data: Scoring persistently credit invisible consumers
The Consumer Financial Protection Bureau (CFPB) has identified that approximately 45 million consumers are either credit invisible or unscorable by major credit bureaus. People who don’t have established credit face several obstacles; many may be unable to get approved for …
Can alternative credit data help evaluate prime consumers?
Our recent blogs demonstrate the benefits of leveraging alternative credit data to identify more creditworthy consumers who are considered credit invisible and provide greater insights to marginal consumers who may be seen as having similar risk by traditional scores. Lenders …
Update from the Hill: Progress on electronic identity verification by the SSA
I have two important updates from the Hill regarding progress on the Economic Growth, Regulatory Relief, and Consumer Protection Act. In my previous posts, I discussed a provision in the Act that directs the Social Security Administration (SSA) to …
The value of alternative credit data in separating risk on the margin
In my last blog, I discussed how the use of alternative credit data has become a mainstream answer to the challenge of identifying creditworthy consumers who are credit invisible. While that is perhaps the most familiar use case for risk …
