Since 2006, FactorTrust has provided the alternative credit data, analytics and risk scoring information that lenders need to make informed decisions about the consumers they want. The company, now a part of TransUnion, is relentlessly dedicated to “more” through proven analytics and clean credit information that provides lenders opportunities to:
The Atlanta-based company utilizes an internal team of predictive analytics experts and statisticians combined with a deep, proprietary database of underbanked consumer loan performance and best-in-class third-party data sources. As a result, providers of short-term or installment loans, credit and pre-paid cards, automotive loans, retailers, wireless services and collection agencies have an unparalleled view of the underbanked community – what we call the CreditClimbers™, consumers of all types that are under 700 FICO score today that are determined to improve their score in order to reach a certain lifestyle.