Lending is one area where data is providing most revolutionary changes. Lenders are increasingly using data to aid the loan origination process, both for current customers and non-customer prospects. At most lending firms and credit unions, loan officers can electronically pull up customer information including any product history with the institution before approaching a customer. … Continue reading How data can be used effectively to reshape lending?
Tag: data driven lending
How data can be used effectively to reshape lending?
Lending is one area where data is providing the most revolutionary changes. Lenders are increasingly using data to aid the loan origination process, both for current customers and non-customer prospects. At most lending firms and credit unions, loan officers can electronically pull up customer information including any product history with the institution before approaching a… Continue reading How data can be used effectively to reshape lending?