3 Ways Lenders Can Utilize Alternative Data [VIDEO] | Auto Finance News | Auto Finance News

3 Ways Lenders Can Utilize Alternative Data [VIDEO]

canstockphoto37426397PLANO, Texas — Using alternative data solely for credit decisions “is a narrow view,” according to Daniel Parry, co-founder and chief executive of Praxis Finance. Lenders can also utilize alternative data to better manage other parts of the business, including in the collections process and to mitigate consumer fraud.

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