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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.
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. "CyberScore was created using online transaction performance data to calibrate the probability of default," said John Kaltenbach, Director of Internet Sales for Teletrack. "Our solution provides a finer differentiation of risk because it reviews key performance data that strongly correlates with payday advance transactions processed online."
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