Privacy Policy

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How Social Data Might Reinvent the Credit Score

  • Posted by FactorTrust
  • On August 14, 2015
Katharine Gammon interviewed FactorTrust CEO for this article.  An excerpt is below, read the full article here. “For people who have less access than a former Ivy Leaguer, FactorTrust might be an option. This credit bureau was developed specifically for those without a financial institution, using a proprietary database of underbanked consumer loan performance and third-party data sources to determine creditworthiness.” […]
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Subprime Consumers in the Market for Powersports

  • Posted by FactorTrust
  • On August 6, 2015
Subprime customers have the “appetite” for the latest Harley or Kawasaki, and lenders are beginning to see that, Scott Brackin, FactorTrust’s auto finance segment leader, told Auto Finance News. As a provider of alternative data to the subprime auto finance industry, FactorTrust has seen an increased interest in its data on “underbanked” consumers, from prime-risk […]
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LendProtect Credit Score Highlights ‘Invisible’ Consumer For Auto Lenders

  • Posted by FactorTrust
  • On August 4, 2015
By Diana Asatryan 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 late July. “It provides lenders the ability to underwrite the credit-invisible,” Scott Brackin, FactorTrust’s auto finance segment leader, told Auto Finance […]
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Can Your SAT Score Help You Get a Mortgage?

  • Posted by FactorTrust
  • On August 4, 2015
Robert McGarvey interviewed Dan Richard, FactorTrust VP of Analytics & Products, and shares that FactorTrust is a provider of credit scoring on the underbanked. Turned down for a loan – maybe a personal loan, perhaps a car loan, definitely a mortgage – and know this: non-traditional credit scoring just may be your savior as growing […]
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43% of Non-prime Applicants are Millenials

  • Posted by FactorTrust
  • On August 3, 2015
By Nick Zulovich, Editor  FactorTrust chief executive officer Greg Rable regularly receives questions from finance companies that are seeking more information about millennials, and for good reason. FactorTrust indicated that millennials — individuals born after 1980 — make up the largest percentage of non-prime auto applicants at 43 percent. “If you look at millennials overall and […]
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