How Identity Theft Damages Consumer Credit Scores
Nov 03, 2020 MicroBilt News
Instant Bank Verification has a lot to offer lenders of every type. It is especially useful, though, for lenders who specialize in the types of loans identity thieves frequently target.
The importance of Alternative Consumer Credit Data for lenders
Oct 01, 2020 Microbilt News
Alternative consumer credit data offers information about consumers, specifically credit applicants, that does not appear on traditional credit reports.
Payment company boost profits by investing in prepaid products
Apr 01, 2020 Sean Albert
The use of prepaid products such as ACH cards has been increasing in the United States in the last few years. Many consumers are turning to the alternative financial solutions as they recognize them as viable alternatives to traditional banking
Credit Checks Improve Hiring Practices
Jan 08, 2020 MicroBilt News
Entrepreneur Magazine reports that companies who invest in background screening, including consumer credit reports, do better jobs, in most circumstances, when hiring new staff.
Why alternative financial services are growing in popularity
Dec 17, 2019 Sean Albert
Banks typically favor lending to established companies and individuals due to the assurance that their investments will be repaid. However, a largely underserved market - composed of small business owners and people with unqualified credit