Consumer Risk Management
Our services are packaged together, or can be used independently. When packaged, lenders not only gain access to our predictive LendProtectTM Score and decision engine, they also reduce costs through our escalation pricing approach.
Consumer Risk Management
Consumer Risk Management - Acquisition
Credit Risk, Insolvency & Compliance
• Historical & Ongoing Loan Performance Data – Real-Time/Daily Updates
• Bankruptcy, Lien, and Judgment Data
• OFAC (Office of Foreign Asset Control) / SDN (Specially Designated Nationals) Data
LendProtect Under-Banked Consumer Credit Score.
• Analytics to Drive Profitability
• Predictive Credit Risk Score for Alternative Lenders
• Through the incorporation of advanced analytics, FactorTrust has developed a proprietary, predictive credit risk score for lenders targeting the under-banked consumer market
Bank Account Verification
• Data You Want. Insight You Need.
• Real-time Account Status Data
• Insufficient Funds/Check Writing Data
• Access up to date status information about the bank account of potential customers prior to acquisition. Provides insight into the availability of funds, NSF Frequency and Position, as well as, bank’s ACH compatibility
Collections Solutions.
• Prioritize Collections Efforts to Produce Optimal Results.
• Skip Tracing
• Bank Account Verification/Funds Availability
