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Making wise decisions requires more information than you can gather from an online application. That is why Teletrack developed tools specifically for the online short term lender. These tools are designed to provide you with real-time consumer information that application data simply cannot deliver. Teletrack has the nation's most extensive database of information on high-risk consumers. And, with nationwide coverage, you can be assured that Teletrack will assist you in reducing losses and help increase the net profitability of your online lending business.
Teletrack recognizes that processing speed and reliability are critical to your lending operations. You can be confident that your transactions will be processed with speed and reliability that is unmatched in the industry. Use Teletrack’s risk assessment service to find out valuable information that will help you to make confident customer decisions that help to maximize your profits while minimizing your exposure to risk. Teletrack provides:
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:
CyberScore™ is another valuable tool from Teletrack. Developed exclusively for online businesses, CyberScore™ brings consistency and speed to the online loan origination process by helping you create a faster and more efficient underwriting process that leverages the strengths of Teletrack's data. Developed and validated by Scoring Solutions, Inc., the empirically derived model facilitates the automated processing of online loan applications.
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