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.

Analytics and Professional Wrestling Tag-Team in Orlando: SAS Global Forum Recap

  • Posted by Laurie Anderson
  • On May 25, 2017
  • analytics, dan richard, FactorTrust, SASGF
By Dan Richard, FactorTrust VP, analytics & product strategy In early April 2017, 75,000 rowdy professional wrestling fans from all walks of life descended upon Orlando, Fla., for WrestleMania 33. Attendees of this marquee pay-per-view event of World Wrestling Entertainment’s (WWE) broadcasting year were treated to a gloriously brazen spectacle of over-the-top swagger, artfully orchestrated […]
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Auto Financing Survey Finds Diverse Assortment of Use Cases for Alternative Data

  • Posted by Laurie Anderson
  • On May 25, 2017
  • alternative credit data
By Dan Richard, FactorTrust VP, analytics & product strategy A recent industry-wide survey in the auto financing industry investigated respondents’ usage of alternative credit data in their current business processes. The survey found that 55 percent of respondents currently use alternative credit data in some capacity (“users”), while 45 percent are exploring the use of […]
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Debunking Myth #2: Underbanked are Among Credit Invisible

  • Posted by Laurie Anderson
  • On May 25, 2017
  • alternative credit data, credit invisible, underbanked
By Dan Richard, FactorTrust VP, analytics & product strategy The underbanked population of consumers are referred to by a variety of names, including: subprime, non-prime, underserved, below prime and emerging. Yet, by and large, underbanked are not “credit invisible.” Underbanked consumers are those that have a depository account and still use alternative financial services, like […]
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40 fastest-growing middle market Georgia companies announced

  • Posted by Laurie Anderson
  • On May 24, 2017
  • FactorTrust, underbanked
The Atlanta Chapter of the Association for Corporate Growth today announced the 40 fastest-growing middle-market companies in Georgia. Applicants were required to submit three years of verifiable revenue and employment growth records, which were validated by accounting firm Cherry Bekaert LLP. An ACG selection committee evaluated each application and conducted in-person interviews with all qualified […]
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FactorTrust, 700Credit align to provide alternative credit data

  • Posted by Laurie Anderson
  • On May 18, 2017
Alternative credit data provider FactorTrust and 700Credit, which offers credit reports, compliance solutions and prescreen products, finalized an alliance this week to provide buy-here, pay-here dealers with access to alternative credit information for potential customers who have thin credit files or are underbanked. The companies pointed out that many customers who lack the traditional loan […]
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700Credit, LLC, to Partner with FactorTrust to Provide Access to Predictive Alternative Data Sources

  • Posted by Laurie Anderson
  • On May 17, 2017
Southfield, Mich. – May 17, 2017 – 700Credit, the auto industry’s leader in providing credit reports, compliance solutions and prescreen products, today announced an alliance with FactorTrust to provide auto dealers with access to alternative credit information for potential customers who have thin credit files or are underbanked. Many customers who lack the traditional loan […]
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700Credit, LLC, to Partner with FactorTrust® to Provide Access to Predictive Alternative Data Sources

  • Posted by Laurie Anderson
  • On May 17, 2017
  • 700Credit, alternative credit data, Buy Here Pay Here, FactorTrust
Southfield, Mich. – May 17, 2017 – 700Credit, the auto industry’s leader in providing credit reports, compliance solutions and prescreen products, today announced an alliance with FactorTrust to provide auto dealers with access to alternative credit information for potential customers who have thin credit files or are underbanked. Many customers who lack the traditional loan […]
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FCRA Compliance and Alternative Data Roadmap

  • Posted by Laurie Anderson
  • On May 17, 2017
  • alternative data, compliance, compliant, FCRA
By Barb Sinsley, FactorTrust general counsel & chief compliance officer Recently, I was asked how FactorTrust remains compliant under the Fair Credit Reporting Act (FCRA) using “alternative data.” The response of “well, it is all we do” seems rather simplistic. My real answer can be explained by comparing our FCRA compliance program to a road […]
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ProfNet Experts Available on Alternative Credit Data, Tax Reform, More

  • Posted by Laurie Anderson
  • On May 15, 2017
  • alternative credit data, FactorTrust, Greg Rable, non-prime, underbanked
EXPERT ALERTS: The Use of Alternative Credit Data in Financial Services Greg Rable CEO FactorTrust, Atlanta “The current landscape of financial services ignores a vast number of consumers countrywide: those in the nonprime and subprime groups, often considered the underbanked. It’s imperative for lenders to better utilize information that provides them with a complete picture […]
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White Paper: Underbanked Index – Demographics

  • Posted by Laurie Anderson
  • On May 11, 2017
  • alternative, demographics, FactorTrust, index, lenders, non-traditional consumers, underbanked
Exploring the Underbanked Market and Associated Behaviors Taking the time to understand each customer segment can reap benefits for companies wanting to earn or keep a foothold in the alternative financial services (AFS) industry. Gaining insights into underbanked consumers, in particular, helps financial providers and lenders gain a more complete, thorough perspective of loan applicants, who may […]
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Demographics Key to Understanding Consumer Segments

  • Posted by Laurie Anderson
  • On May 9, 2017
  • alternative credit data, demographics, FactorTrust, non-prime, trends, underbanked
Identifying Trends in underbanked non-prime auto loan behaviors  Taking the time to understand each customer segment can reap benefits for companies wanting to find or keep a foothold in their industry. It is of particular importance for players in the automotive industry, which has most recently encountered falling used vehicle values and rising delinquencies. Gaining […]
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More than 12 tech launches expected for NABD 2017

  • Posted by Laurie Anderson
  • On May 9, 2017
  • Buy Here Pay Here, FactorTrust
Service and technology providers are coming to this year’s annual gathering hosted by the National Alliance of Buy-Here, Pay-Here Dealers armed with products that Ken Shilson insisted are brand new and can help operators of all sizes immediately. Besides the three firms included in the Technology Showcase, Shilson mentioned 10 other companies set to deploy new […]
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FactorTrust tool offers real-time reporting on underbanked consumers

  • Posted by Laurie Anderson
  • On May 9, 2017
  • credit scores, underbanked
By Scott Brackin As part of its continued commitment to the needs of buy-here, pay-here dealers, short-term lenders and the alternative financial services industry, FactorTrust recently announced a tool called FlexFormat; what the company contends is the first industry standard in reporting short-term loan data for products focused on underbanked consumers. The FlexFormat will enable buy-here, […]
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FactorTrust Finds Underbanked Work in Restaurants, Retail

  • Posted by Laurie Anderson
  • On May 5, 2017
  • FactorTrust, underbanked index
FactorTrust released its Underbanked Index, highlighting quarterly insights of the earning, spending and living habits of underbanked consumers. The analysis is derived from FactorTrust’s proprietary alternative credit data used in analytics and risk scoring solutions by lenders to make informed decisions about consumers they want. This index highlights the demographic characteristics, credentials and capacities of […]
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4 findings from FactorTrust’s latest Underbanked Index

  • Posted by Laurie Anderson
  • On May 3, 2017
  • demographics, FactorTrust, underbanked index
On Wednesday, FactorTrust released its newest Underbanked Index, highlighting quarterly insights of the earning, spending and living habits of underbanked consumers — what the firm contends is a $105 billion untapped market. The index highlighted the demographic characteristics, credentials and capacities of the underbanked, like the trend of median loan values among this segment increasing […]
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FACTORTRUST’S UNDERBANKED INDEX REVEALS TRENDS OF $105B UNTAPPED MARKET

  • Posted by Laurie Anderson
  • On May 3, 2017
  • alternative credit, credit bureau, FactorTrust, lenders, underbanked
Buying, Spending Habits of Underbanked Reveals Opportunities for Lenders ATLANTA—FactorTrust, The Alternative Credit Bureau, today released its Underbanked Index, highlighting quarterly insights of the earning, spending and living habits of underbanked consumers—a $105B untapped market. The analysis is derived from FactorTrust’s proprietary alternative credit data used in analytics and risk scoring solutions by lenders to […]
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