Start Reaching Underserved Populations
Learn more about the underserved and underbanked market and how Experian can help you build your portfolio.
White Paper Download
Expand Your Marketable Universe
Credit marketers who evaluate the right data assets to supplement targeting efforts will emerge quickly over the next 18 months as leaders in portfolio growth. The key is getting the right product to the right consumer at the most appropriate time.
Dispute Your Credit Report Information
Resolve reporting errors by disputing information on a personal or business credit report.
Learn More About
Underbanked Financial Services Forum
Join Us in San Francisco, June 13-15, 2012
With approximately 25 percent of the U.S. population underbanked, that means nearly 64 million consumers have limited or no traditional credit history. Tapping into this large segment of potential customers can enhance the profitability of your portfolio.
Experian’s Extended ViewSM score is a new, advanced scoring solution powered by credit data, rental data and comprehensive public record attributes that drives exceptional predictive power for the risk assessment of these historically difficult to evaluate consumers.
President, Consumer Information Solutions
Keynote Address: The State of Credit 2012
As President of Experian’s Consumer Information Services, Steve Wagner is the business leader for Experian’s credit bureau operations in the United States. In this role, Wagner oversees the delivery and management of value-added credit risk, marketing, and collection products to help clients manage and optimize their customer relationships. Mr. Wagner also leads a variety of credit data expansion, alternative data acquisition and direct-to-consumer initiatives focused on empowering the consumer through consumer credit education, secure consumer directed credit file sharing, and consumer directed credit prequalification businesses. Mr. Wagner was responsible for the acquisition by Experian of RentBureau and the decision to bring consumer rental payments data into the credit file.
Prior to joining Experian in 2005, he was the Chief Administrative Officer and General Counsel for ERisk, a risk capital management software company owned by JP Morgan Partners. ERisk is now part of the Sunguard group of businesses. Before that, Mr. Wagner practiced law in New York and London, leading corporate and capital market transactions throughout the US, Europe and the former Soviet Union. He last practiced law in 2000 with the global firm of Clifford Chance, LLP, where he was based in London as part of their US capital markets practice. Wagner graduated magna cum laude with a B.A. in Economics from the University of Massachusetts and holds a Juris Doctor from the New York University School of Law. He is admitted to practice law in New York.
Thursday, June 14, 2012, 12:00 PM - 1:30 PM
Industry Innovation Lunch:
The Unscorable...It's Not Who You Think
Barrett Burns, President & Chief Executive Officer, VANTAGESCORE SOLUTIONS LLC, Quentin Cottrell, Small Business Owner
For some, the conventional wisdom is that “unscoreable” means high risk. But what opportunities lie in the millions of consumers that are either thin file or without a credit score? Barrett Burns, President and CEO of VantageScore Solutions, LLC, the company behind the VantageScore® credit scoring model, will present and discuss data that sheds light on the unscoreable and thin file populations’ risk profile….figuratively and quite literally. In addition to a data-driven discussion, Mr. Burns will be joined by Quentin Cottrell, a small business owner from Atlanta who discovered he was without a credit score based on conventional credit scoring methodology. Mr. Cottrell was the recent subject of a widely heard radio segment aired nationally on Marketplace Money where he discussed his challenging situation. Among the topics to be covered:
- How and why there is a population of unscoreable consumers
- How lenders can thoughtfully engage this population
- How a business owner who was without a credit score is navigating the credit markets
- How alternative data sources and other tools can help score millions more consumers
Sponsored by VantageScore
Friday, June 15, 2012 - 7:30 AM - 8:30 AM
Breakfast Briefing: Utilizing Traditional and Alternative Data Assets to Assess Thin-File/No Hit Consumers
Paul Desaulniers, Product Management Director, Experian
Underserved. Unbanked. Thin File. No hit. This expanding market, comprised of 64 million consumers who spend billions of dollars annually is a hot topic of discussion due to the financial industry’s renewed focus on profitable growth.
In order to underwrite this population and empower these consumers with better access and choices, lenders require a more comprehensive view of a consumer’s creditworthiness.
Learn more about our Extended View Score or get in touch to set up a meeting at the Underbanked Forum in San Francisco.