The State of Alternative Data

Survey: Extended reach, reduced risks are often realized in the first year

The vast majority (83%) of lenders who are using alternative data say they are seeing benefits,
according to a recent TransUnion survey of 317 lenders and credit providers.

Just a few examples of the benefits lenders cite include:

  • Evaluating thin-file or no-file consumers
  • Reaching more creditworthy consumers in
    their current markets
  • Better assessing risk among unbanked

Get the full survey results to see how alternative data can help your business too.

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