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Maximizing the value of data to acquire more profitable customers

Today’s wealth of consumer information gives lenders the ability to make more effective decisions during the acquisition process. In making decisions, lenders often rely on models and scorecards that are derived by aggregating multiple sources of data into the building blocks of decisions. Changing market conditions have made decisions more complex, requiring lenders to leverage better data intelligence in a flexible and dynamic environment. Implementing and managing this information with existing technologies, however, can be inefficient and costly.

Join experts from Experian to learn about solutions that provide lenders with access to increased data sources, control over attribute configuration and the ability to create risk indicators that extend beyond credit bureau data. Our experts will discuss how organizations can leverage these capabilities to make better decisions while decreasing origination costs.

This webinar will demonstrate how proactive, credit-related actions can impact your customer’s overall credit score. During this webinar, you will learn:

  • Improving operational efficiency in the decision process
    • Manage complex business logic through the use of targeted attributes
    • Understand the power of integrating traditional and non-traditional data as a component of those attributes
    • Recognize the importance of effective validation assumptions when creating attributes
    • Decrease processing time when implementing new attribute calculations
  • Decreasing overall maintenance costs
    • Quickly integrate solutions into current business process and technical architecture
    • Manage the solution yourself, rather than having another application maintained by IT or an outside vendor
    • Exercise greater control over implementation costs and timelines

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