2020 Alternative Financial Services Lending Trends

Document: Published Apr 27, 2020

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.

This report is packed with five years of Clarity data and enhanced with additional insights from Experian’s national credit bureau. From market trends to changes in loan characteristics, the data inside will leave you more informed of the nonprime market than you’ve ever been before.

Download our latest white paper to learn more.

Related Resources

  • 2021 Alternative Financial Services Lending Trends
    Document Published Date: Published Nov 28, 2023

    It’s that time of year; the industry’s annual checkup, and we’re excited to share insights that will provide a better view of the consumers you serve.

    For five years in a row, Clarity’s Alternative Financial Services Lending Trends Report has been the go-to resource for those seeking insights into non-prime borrower behavior, alternative credit data, industry trends in the alternative financial services market, and more.

    In this report, we analyzed:

    • Online lending volume and product mix market trends
    • Single pay and online installment loan performance
    • COVID-19 and Loan Accommodations *NEW*
    • Changes in loan characteristics
    • And so much more
  • 2018 Alternative Financial Services Lending Trends
    Document Published Date: Published Nov 28, 2023

    Access our 2018 trends report, which dives into the latest findings attached to the industry and the consumers utilizing Alternative Financial Services products. Uncover new data on payment behavior, credit utilization and quality, and consumer stability for those individuals using products like short-term loans, pawn shops, payday loans, rent-to-own and beyond.

    Discover how traditional lenders can benefit from these data insights, as well as what it reveals about subprime consumers.

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.