With inflation triggering high delinquency rates and exposing businesses to risk, personal loan lenders are on the lookout for opportunities to sustain growth and drive profitability. The problem is today’s intense, competitive market is making it increasingly difficult to meet lending objectives, particularly for those lenders not yet using more predictive solutions.
Featuring real examples of companies that improved their lending strategies and outcomes, this guide explores how blending traditional, trended credit and alternative data can help personal loan lenders drive growth in an unpredictable market. Download your copy to learn:
- Why you need more than just traditional credit reports for robust consumer behavior and risk insights
- How combining alternative and trended credit data can safely expand reach
- Four effective marketing and underwriting strategies you can use to balance ease, performance and time to market
