Whether you operate in a “bricks and mortar” or online environment, assessing the credit risk of short-term, alternative credit applicants has never been more important. Teletrack simplifies the lending decision-making process by delivering a single score based on objective assessments of payment default risk—all tailored to your unique applicant pool.
When you submit an inquiry, Teletrack goes to work:
- Evaluates the type of applicant before applying specific predictive variables
- Unites proprietary credit performance data from CoreLogic Teletrack—the industry’s largest single source of alternative credit performance data—along with traditional credit performance data and identity information
- Leverages extensive datasets to identify and weigh the most predictive, relevant variables based on the type of applicant
- Employs a three-digit score and reason codes, which are returned along with our Nontraditional Credit Report and summary attributes
