Without the enhanced visibility of alternative credit data, millions of consumers would be without a financial history and largely left behind. Whether unbanked or underbanked, thin file or no file, or nonprime or subprime, the loan transactions of underserved consumers that would otherwise go unnoticed are recorded and used to improve credit options, thanks to the unique data collection and analysis of Clarity Services, a part of Experian.
2. 67 Million Adults
Are unbanked or
underbanked
The Underserved Consumer:
67 Million Adults
Are unbanked or
underbanked
The Underserved Consumer:
3. The Underserved Consumer:
44% of Americans
Cannot cover an emergency
expense of $400
The Underserved Consumer:
44% of Americans
Cannot cover an emergency
expense of $400
4. The Underserved Consumer:
When consumers don’t
qualify for traditional credit,
they turn to alternative
finance options.
The Underserved Consumer:
When consumers don’t
qualify for traditional credit,
they turn to alternative
finance options.
6. Clarity, a part of Experian, provides
traditional and alternative data for
a comprehensive view of the full
credit spectrum.
That’s where we come in.
7. Arming lenders with the
best information possible
Limit losses due to fraud
Manage credit risk
Expand customer universe
Portfolio management
Arming lenders with the
best information possible
Limit losses due to fraud
Manage credit risk
Expand customer universe
Portfolio management
Arming lenders with the
best information possible
Limit losses due to fraud
Manage credit risk
Expand customer universe
Portfolio management
8. Limit fraud losses
The industry’s most effective fraud
products and scores predict the
likelihood of first payment default
and other delinquencies.
9. Manage credit risk
Clarity’s vast and exclusive credit
data forms the foundation for
sound underwriting decisions.
12. Clarity provides the real-time
data, knowledge and technical
support to streamline any
lender’s origination process.Clarity provides the real-time
data, knowledge and technical
support to streamline any
lender’s origination process.