(source: en.wikipedia.org)
In many ways, alternative lenders and traditional banks need each other. Borrowers may want the innovation, technology and speed of an alternative lending platform but...
India-based SME lender Lendingkart is considering a new revenue stream that would involve working with rival lenders. Reports Friday (Dec. 16) said Lendingkart will offer...
Promoting transparency in credit scores sounds like the ideal, but putting it into action is a whole other story. But as consumer behaviors and lending...
The smallest of small businesses can be impacted profoundly by a missed payment from a crucial customer — hurting cash flow and perhaps even jeopardizing...
Gone are the days of straightforward credit risk assessments. With Big Data and analytics technology taking a front seat in this industry, the methodology behind...
Charged-off debts to third parties – sold-derogatory loans in credit speak – leave a huge black mark on the credit histories of consumers. But should...
Credit model testing, and alternatives to traditional scoring models, can expand a lender’s universe significantly. Here’s how VantageScore says its latest model validation stacks up...