2019 Alternative Financial Services Lending Trends

Document: Published Jul 18, 2019

Clarity Services, a part of Experian, provides valuable alternative credit data to alternative financial service providers. Clarity’s alternative data gives lenders a more complete picture of nonprime applicants, so they can make better and more informed decisions.

We analyzed the trends and financial behavior of nonprime consumers by looking at application and loan data in Clarity’s specialty credit bureau from 2014 through 2018. A study sample of more than 350 million consumer loan applications and more than 25 million loans was created and leveraged to evaluate market trends during this period. Data from Experian’s national credit bureau was also used to help profile consumers.

Download our latest white paper to learn more.

Related Resources

  • How to use alternative data in decision models - Sip and Solve
    Webinar Published Date: Published Jun 11, 2019

    In this 15-minute session, Analytics Consultant Emily Garrett will walk through some examples on how alternative data can make a big impact in your business, including how to:

    • Make more accurate commercial credit decisions
    • Underwrite traditionally difficult small businesses with the help of alternative data
  • Report: 2023 Experian Edge Economic Chartbook
    Document Published Date: Published Jan 26, 2024

    As we prepare for the year ahead, it’s crucial to understand the trends of 2023 that shaped our current economic environment. Download the 2023 Experian Edge Economic Chartbook, where you can find critical insights into the labor market, inflation, banking stress, delinquencies and more.

Experian and the Experian marks used herein are service marks or registered trademarks of Experian Informations Solutions, Inc. Other product and company names mentioned herein are the property of their respective owners.