The ability to offer your customers a wider range of loan products may be
a competitive advantage for your business. With access to Teletrack’s installment loan services, you can leverage our extensive database in conjunction with a traditional credit report, evaluate banking behavior and the underlying data from FIS DebitBureau and/or screen high-risk borrowers with limited credit histories using public records from LexisNexis®.
Teletrack's installment loan services analyze the information in our databases, including charge-offs, paid charge-offs, inquiries and open loans, as well as application information. Leveraging Teletrack's unique data, which is coupled with access to a variety of related data sources, allows you to set your risk tolerance when extending an installment loan. Teletrack enables you to extend financing for larger amounts or longer-term loans to consumers that desire an installment loan or do not qualify for a payday advance based on your corporate policies. Access to a third party data source augments Teletrack data returned during a transaction in situations where there is no record of the consumer in the Teletrack database and provides incremental segmentation of applications with a detailed history in the Teletrack database.
Teletrack's interface also allows you to access a number of external data sources. These data sources are useful in evaluating consumer's that have a limited history in the Teletrack database as well as incremental segmentation of applications with a detailed history in the Teletrack database. Access the following providers as a concurrent or follow-on request for information from Teletrack:
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