Improve credit assessment and strategy with alternative data
Regain credit risk clarity in uncertain times
The quickly unfolding economic downturn and ongoing uncertainty increases the challenge for financial institutions to accurately assess credit risk.
Traditional credit data provides an incomplete picture of consumer creditworthiness. But supplementing credit data with alternative data can provide a more complete picture of how prospects and customers manage credit. These insights enable enhanced credit assessment and strategy across the entire customer lifecycle.
ID Analytics and LexisNexis® Risk Solutions have been actively monitoring recent shifts in consumer credit behavior. Access our white paper and watch our webinar on "The Changing Shape of Credit Risk" so you can:
•Gain a unique perspective on the initial months of the crisis
•Identify the rapid changes in consumer creditworthiness
•Learn how alternative data can help lenders navigate this unchartered territory