Expand financial inclusion while accelerating portfolio growth

Today, 53M U.S. consumers are considered “unscorable” using traditional credit signals alone. Amid mounting competitive pressures, growing regulatory interest and value-driven initiatives, financial inclusion has become top-of-mind for many lenders. Gaining a better understanding of consumer creditworthiness could help lenders improve financial inclusion efforts—and unlock new opportunities for growth.

Despite lacking traditional credit histories, up to 25% of credit invisible consumers demonstrate behaviors that meet lenders risk tolerances. Enhancing credit risk assessment with alternative credit indicators can enable lenders to capitalize on these untapped consumer segments.

Alternative data solutions can provide actionable insights, enabling lenders to confidently say “yes” to more consumers without increasing risk thresholds. Leveraging alternative data can help lenders build stronger inclusion programs that expand consumer opportunities, optimize portfolio growth and create lasting relationships with profitable customers.

Uncover more opportunities to expand financial inclusion while driving revenue growth with a fuller picture of creditworthiness. Download Shifting Perspectives on Financial Inclusion today!.