DataX Credit Report

Every day, DataX processes more lending transactions than any other single provider in the non-prime market.

 
Non-prime borrowers represent a greater challenge to lenders. In an environment where a high percentage of customers end up in collections, or have their loans charged off, the crucial question is: Who is most likely to default? And who offers a lucrative opportunity?
 
Informed lending decisions depend on predictive data that accurately defines the risk associated with a potential borrower—yet traditional credit bureaus only provide a one-dimensional view: the eventual disposition of the loan. DataX provides the most relevant and comprehensive collection of information on the non-prime consumer.
 

• The industry’s most comprehensive repository of information on non-prime borrowers
• Real-time reporting for a complete picture of each consumer
• Data intelligence, such as bankruptcy data and loan information or status, which is typically unavailable through traditional credit bureaus
• Detailed transaction based payment history, including Automated Clearing House (ACH) return data for lower-risk lending
• Two-way reporting certification strengthens data accuracy
• Information compiled from payday loans, installment loans, non-prime credit cards and other sources of non-traditional credit information
• Positive performance indicators to identify which consumers are most likely to fulfill their loan obligations

 
DataX is FCRA compliant, supports fair lending practices, champions responsible reporting and lending, and provides the most up-to-date, accurate credit data available. This protects lenders from erroneous information—and consumers from fraud caused by identity theft. In addition, all DataX employees are FCRA Certified.
 
For more information on the Fair Credit Reporting Act click here.
 
For more information on the DataX Credit Report, please contact us today.