Privacy Policy

This privacy policy sets out how FactorTrust uses and protects any information that you give FactorTrust when you use this website. FactorTrust is committed to ensuring that your privacy is protected.

LendProtect Auto Score Highlights ‘Invisible’ Consumers for Auto Lenders

  • Posted by FactorTrust
  • On July 30, 2015
FactorTrust, a provider of alternative data in the auto finance industry, launched a new auto score aimed at increasing the opportunity for nonprime consumers to secure vehicle financing, the company announced last week. “It provides lenders the ability to underwrite the credit-invisible,” Scott Brackin, FactorTrust’s auto finance segment leader, told Auto Finance News.” he LendProtect […]
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Non-Prime Auto Applicants Make More Money Than Underbanked Consumer Loan Applicants

  • Posted by FactorTrust
  • On July 28, 2015
FactorTrust Underbanked Index Unveils Demographics of Non-Prime Auto Applicants Non-prime auto loan applicants make more money than other underbanked consumer loan[1] applicants, according to FactorTrust’s special Auto Edition of the Underbanked Index. In fact, Millennial[2] non-prime auto applicants have incomes comparable to Baby Boomer consumer loan applicants. The Underbanked Index, created by the leading provider […]
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FactorTrust Launches LendProtect Auto Score

  • Posted by FactorTrust
  • On July 21, 2015
Score Expands Auto Credit Access to Non-Prime Consumers; Leverages Data Not Available From the “Big Three” Credit Bureaus FactorTrust launches non-prime LendProtect Auto Score available to auto lenders immediately LendProtect Auto Score is delivered independently of the Big Three credit bureaus Score offers access to more auto credit opportunities, increasing non-prime consumers’ ability to secure transportation […]
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AFS Acceptance Adds FactorTrust Alternative Data to the Mix

  • Posted by FactorTrust
  • On July 17, 2015
By Larissa Padden AFS Acceptance LLC has announced that the company will now be utilizing FactorTrust’s proprietary data and custom scoring models “to better qualify customers and provide each individual with the best, most customized type of auto loan for their lifestyle,” according to press release yesterday. “We work specifically with the nonprime demographic to provide greater […]
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FactorTrust Aligns Solutions to Address Ability to Repay for Non-Prime Lenders

  • Posted by FactorTrust
  • On July 14, 2015
FactorTrust, leading provider of underbanked data, analytics and risk scoring solutions, has worked with lenders for the past eight years to ensure they can assess a consumer’s ability to repay FactorTrust solutions help short-term, small dollar lenders comply with anticipated regulatory changes  Anticipated regulation from the Consumer Financial Protection Bureau (CFPB) is expected to require […]
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Gen Y Just Behind X in Financial Stability, Earnings

  • Posted by FactorTrust
  • On July 14, 2015
By Steve Finlay Although Millennials show slightly less economic stability and earn less money than Generation X, they typically borrow less than their immediate elders. That’s according to a report from FactorTrust, a provider of “under-banked” consumer data, analytics and credit scoring – much of it from non-traditional sources. Millennials, or Generation Y, 18 to […]
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