How to Manage Credit Risk With the Right Data

Banks and credit unions want and need to bring in more loans, and they must be able to say ‘yes’ to as many leads as possible. But things...


Moving Ahead with Alternative Data

Banking has changed over the years, but the changes that occurred over the last year are like nothing financial institutions have...


Don’t Miss Out on Amazing Auto Refi Opportunities

If your bank or credit union is only lending to the top credit tiers, then many opportunities for interest income are passing you by. Open...


Alternative Data Helps Grow Loans, Build Loyalty and Member Relationships

The coronavirus pandemic has hit consumers hard, subsequently exposing the limitations of traditional scoring in determining creditworthiness....


Mitigate Auto Loan Risk in the New Normal

As the US moves forward in our ‘new normal,’ so are credit unions. Given that we haven’t been through a pandemic in more than a hundred years,...


Alternative Credit Scoring Helps Credit Unions Adapt to New Normal

The U.S. looked like it was ready to start entering the post-coronavirus world and began easing stay-at-home orders, but unfortunately, we’re...

Opportunities Abound for Credit Union and Banks During Tough Economies

The unthinkable happened this year. The coronavirus put booming economies on their ear, and we are adjusting to the new normal. How do we do our...


Data-Based Empathy Helps Members and Credit Unions

Coming into 2020, the U.S. had record automobile loans of more than $1.3 trillion and growing delinquencies ($66B 90+ days past due, totaling 5%...


Data and Analytics: The Lending Gift that Keeps on Giving

 
 
Where Lenders Protection Fits

Alternative data in lending decisions has been a growing practice in recent years. Many...


Car Loans Rev Up with Alternative Data

As technology has evolved in recent years with data moving to the cloud and processing power increasing at a lower price point, lenders...