FactorTrust, The Alternative Credit Bureau, announced a partnership with White Clarke Group. Now, savvy auto financial service providers who utilize White Clarke Group’s CALMS loan management solution will have access to FactorTrust’s unique, highly predictive alternative data, giving underbanked consumers faster loan approvals and offering financial service providers lower underwriting costs and more accurate pricing ability.

“As a company dedicated to innovation, this seamless integration with FactorTrust’s underbanked consumer loan performance, stability and employment data allows our customers access to the most comprehensive alternative credit information on the market. This, combined with traditional data sources, offers financial service providers a competitive advantage when it comes to pricing and underwriting non-prime consumers,” states Jonathan Dodds, CEO Americas of White Clarke Group.

“We are proud to partner with White Clarke Group to help our mutual clients succeed. It’s important to recognize the need for using alternative data during the underwriting and portfolio management processes – data not available to them elsewhere and not reported to the Big Three credit bureaus -- to help businesses grow and provide more non-prime consumers the options they deserve,” says Greg Rable, FactorTrust CEO.