Topics | Underwriting

Research Papers

The Predictive Value of Alternative Credit Scores

by Rachel Schneider, Arjan Schütte

As many as 70 million adults in the United States have no credit score or a limited credit history with the traditional credit bureaus. These consumers represent an important opportunity for lenders to access a new market. But without the development and application ...

18 pp.

Posted: November 26, 2007

Market Interest in Alternative Data Sources and Credit Scoring

by Katy Jacob and Rachel Schneider

One important barrier for millions of individuals entering the credit market is that they have no file with one of the three major credit bureaus or a “thin-file” that makes it impossible to calculate a credit score. Commensurate with its increasing interest ...

Posted: December 2006

Reaching Deeper: Using Alternative Data Sources to Increase the Efficacy of Credit Scoring

by Katy Jacob

With consumer debt levels at an all-time high and the credit card and mortgage markets heavily saturated, the financial services industry has begun to turn its attention to the vast untapped pool of consumers who have minimal credit histories but aren’t necessarily ...

10 pp.

Posted: March 2006