Tag: Alternative Data

Powersports financiers are looking to supplement traditional FICO scores with alternative credit data for faster underwriting and more thorough snapshots ...

Fitch Ratings is becoming more comfortable with rating transactions that include loans underwritten with alternative credit scoring data.  For example, the rating agency is developing ...

Lenders might soon have another tool in their arsenals to measure the creditworthiness of unbanked consumers: grocery transaction data.  The ...

Using alternative data supports accurate risk-based pricing for auto lenders and helps account for losses.  Some lenders continue to rely ...

Banks, credit unions and captive finance companies have tended to shy away from underwriting subprime auto loans, leaving that side ...

Maintaining a steady, positive cashflow is essential in any business, and it is especially important for automobile lenders who constantly ...

Payment routing platform Pinwheel has released a new immediate earned wage access (EWA) product that allows lenders to leverage consumer ...

FinovateFall 2022  NEW YORK CITY — Lenders who aren’t tapping into underserved markets are leaving money on the table, but ...