The Industry’s Most Comprehensive Repository of Information On Alternative Finance Consumers.
Benefits
Increase Coverage
By receiving from short-term loans, installment loans, non-prime credit cards, lease-to-own, rent-to-own and more.
Glimpse into real-time borrowing history.
Alternative Finance CRA is updated with trades and payment activity in near real-time. Allowing customers to benefit by receiving data on current consumer activity.
Key Features
A powerful source of data that can be used to help expand access to underwrite the underserved populations.
Mitigate risk by combining B&M and online lending negative data (i.e., bounced payment, shopping for short term loans, financial strain, over-extension).
Use Cases
DataX Alternative Finance Inquiry is for businesses that want to ...
Mitigate risk with the underbanked population.
Verify consumer identification and conduct compliance checks.
DataX Alternative Finance Inquiry is for ...
Installment loans, lease-to-own/rent-to-own agreements, payday loans, cash advances and other short-term loans.
Determine credit worthiness of new customers for the purposes of making lending decisions.
Make quick, actionable account acquisition decision using multiple data sources delivered in a single format.