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.

‘Credit Invisibility’ Blocks Would-Be Car Buyers

  • Posted by FactorTrust
  • On November 17, 2015
Transportation is a key factor in upward mobility in the U.S. In many parts of the country, it is nearly impossible to work without a vehicle. However, in order to buy a vehicle, one must have credit. There are 26 million Americans (1% of U.S. adults) who are “credit invisible,” or who do not have […]
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Powersports on the FactorTrust ‘Road Map’ for 2016, CEO says

  • Posted by FactorTrust
  • On November 13, 2015
FactorTrust, an Atlanta-based provider of alternative data in auto finance, is considering entering the powersports finance space, according to Chief Executive Greg Rable. “It’s definitely on our road map for 2016,” Rable told AFN. “It seemed like the industry was open to data, open to scores, and nobody was really serving it well.” To read […]
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Blending Traditional Underwriting with Next Generation Analytics

  • Posted by jrafeedie
  • On November 12, 2015
by Daniel Parry and Matt Colby Years ago I taught a course in operations research, which essentially deals with mathematical methods of optimizing business problems. While teaching quantitative studies in an academic setting, I observed a tendency for students to believe that we are the smartest people who have ever lived, and that anyone who […]
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FactorTrust Closes $42M Funding Round

  • Posted by FT Admin
  • On November 4, 2015
FactorTrust, an Atlanta, GA-based alternative credit bureau, closed a $42m funding round. The round was led by ABS Capital Partners and MissionOG. In conjunction with the investment, ABS Capital Partners Managing General Partner Phil Clough will join FactorTrust’s board of directors along with Gene Lockhart, Chairman and Managing Partner of MissionOG, who will join as […]
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Auto Loans Hit Highest Level Ever

  • Posted by FT Admin
  • On November 4, 2015
Automobile lending reached its highest level ever at the end of the third quarter while showing few signs of credit weakness, the credit bureau Experian reported Wednesday.
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FactorTrust Adds Michael Heller As President

  • Posted by FT Admin
  • On November 3, 2015
Fintech and Analytics Experts Partner to Facilitate Continued Growth and Further Innovation for The Alternative Credit Bureau FactorTrust, the alternative credit bureau, announced today that Michael Heller, an information and analytics industry leader, has joined as president. The company also closed on a $42 million investment led by ABS Capital Partners, a leading late-stage growth […]
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Alternative credit bureau FactorTrust scores $42 mln

  • Posted by FT Admin
  • On November 3, 2015
Atlanta-based alternative credit bureau FactorTrust has secured $42 million in funding. ABS Capital Partners and MissionOG led the round. In conjunction with the investment, FactorTrust has named Michael Heller, MissionOG advisor, as president and board member; Gene Lockhart, chairman and managing partner of MissionOG, as FactorTrust’s board chair; and Phil Clough, managing general partner at […]
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Atlanta fintech company raises $42 million, names new president

  • Posted by FT Admin
  • On November 3, 2015
FactorTrust raised $42 million to grow and finance future acquisitions. FactorTrust software uses proprietary data not available from traditional credit bureaus to enable lenders to more accurately assess credit risk for non-prime and underbanked consumers, according to a statement. FactorTrust reported its revenues have more than doubled year-over-year. The Atlanta-based company also hired Michael Heller […]
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