Accessing Experian data and scores through Teletrack allows you to offer services to consumers based on their own prior credit performance at businesses similar to yours, as well as within the broader credit market. In addition, accessing Experian data and scores via Teletrack’s interface:
- Aids in determining eligibility for new product offerings when used in conjunction with Teletrack trade-line credit data
- Helps to further minimize risk when offering higher dollar, alternative loans or open-ended lines of credit
- Enhances credit screening when there is little or no record of the applicant in Teletrack‘s database
- Provides incremental segmentation of applications with a detailed history in the Teletrack database
- Delivers the previous addresses along with the reported date, which is useful in the application verification or collections process
Use the information in the Teletrack database to help determine the appropriate product, terms and loan amount for your customer. With this information in hand, you then have the ability to request additional data from Experian alone or in combination with any of the data providers available via Teletrack’s XML interface.
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