Lending Intelligence for Payday Businesses

February 2, 2012

 

Over the past 18 months, DataX has been working diligently to assure the quality and accuracy of its consumer credit data. As a result, we have launched the Quality Assurance Audit and Report Card program. This unique tool is provided to all DataX clients on a quarterly basis. The QA Audit reflects the quality of consumer credit data as reported back by lenders and entered into the DataX databank.

 

Ultimately, if this data is not reported, or is reported incorrectly, it can adversely affect the consumer’s risk profile and impede underwriting rules. Good predictability comes from clean and accurate data that properly reflects consumer behavior. At DataX, we know that with accurate readings of consumer behavior and patterns, we can help our clients discern between low and high risk consumers, thus providing lending intelligence for profitable performance.

 

As online lenders are non-traditional service providers for specialty financial products such as payday loans, cash advances and small dollar loans, they will be subject to increasing government oversight and regulation. That’s why DataX strongly encourages all online payday lenders to take the reporting process very seriously. The quality and precision of consumer credit data is vital to the lending industry.

 

To that end, the Quality Assurance Audit and Report Card program upholds DataX’s mission to provide superior consumer credit reporting. Trust DataX to assist you with the most advanced risk assessment solutions, and to show you how to get the most out of their complimentary, quarterly Quality Assurance Audit and Report Card.

 

For additional information contact:  Eric Agrelius at 1-800-295-4790 or sales@dataxltd.com.


 

Press Releases

Datax, A Leading Data Services and Credit Reporting Bureau, Appoints Jon Geidel As President

LAS VEGAS – July 7, 2015 – Today, DataX [www.DataXLtd.com], the industry-leading real-time credit reporting agency and data verification provider, is pleased to announce Jon Geidel has been hired as President effective July 1, 2015.
read more

Events

TRIB Meeting of the Minds Buy Fair
TRIB Meeting of the Minds Buy Fair
August 24-26, 2015
Caesar’s Palace
Las Vegas, NV

Infinity User Conference
Infinity User Conference
September 2-4, 2015
South Lake Tahoe, CA

paythink
PayThink
September 28 – 30, 2015
The Cosmopolitan
Las Vegas, NV

Twitter Feed

Happy Labor Day from DataX http://t.co/96whoSmQka
- Thursday Sep 3 - 1:16pm

DataX Announces New President #constantcontact http://t.co/BpqnwLFty4
- Tuesday Jul 7 - 5:42pm

DataX Announces New President http://t.co/BpqnwLFty4 http://t.co/QUfSzZ75VZ
- Tuesday Jul 7 - 5:36pm

Wishing you a happy and safe holiday! http://t.co/Oro6VsSJr9
- Saturday Jul 4 - 3:20pm

Happy Independence Day from DataX http://t.co/kXRZsA1MsC http://t.co/9DQiCoMKoX
- Wednesday Jul 1 - 9:31pm