Make Matching Prospects With the Right Products Easy-Improving acquisition numbers in the current market has many benefits. Being able to streamline the process and proactively match the right consumers to the right products will reduce acquisition costs. Consumers also benefit because it has no impact on their credit score.
Opportunities Within the Underbanked Market -Nearly 64 million U.S. consumers have limited or no traditional credit history. Approximately 25 percent of the population could benefit from a wide range of financial products and services
A new CFPB proposed rule defines large, third-party debt collectors as susceptible to the bureau’s nonbank supervision program. They’re also working to make financial disclosure forms simpler.