Oct 25, 2017 MicroBilt News
When your business extends credit to a customer – or declines to do so – you want to be confident you made the right decision. When evaluating potential borrowers, most companies turn to credit histories and other standard financial records to determine the merits of an applicant.
But sometimes traditional data doesn’t offer the full picture, which can cause you to miss out on valuable opportunities for expanding your client base to those who may not have an established credit history.
In these situations, you need to be able to look outside the usual sources to make an informed decision that will benefit your business.
This eBook guides you through the knowledge you need to have in order to be successful in approving or declining applicants based not only on traditional data, but having a deeper look into their history by using alternative credit data.