CoreLogic introduces new platform offering alternative credit data

Lenders can access both traditional and alternative consumer credit data

CoreLogic introduces new platform offering alternative credit data

CoreLogic has announced the launch of CoreLogic Teletrack, a platform that offers lenders and credit issuers access and insight into alternative credit data through the company’s databases.

The new platform’s combination of upgraded data, products, services, and an analytics engine enable users to discover new market segments, make smarter risk decisions and grow their business, CoreLogic said. Customers can also access traditional and alternative consumer credit data, and a suite of credit-risk attributes and fraud-prevention products.

Teletrack provides information on over 86 million unbanked and under-banked consumers. The database can receive updates in real time, as well as accept new inquiries and consumer loan performance data from businesses across the US.

“CoreLogic Teletrack has been a leader in the alternative credit data market for 30 years,” said Irina Kovach, a senior leader at CoreLogic Teletrack. “The new CoreLogic Teletrack platform is built upon the same technology and trusted data that industry professionals have come depend on, but with new state-of-the-art enhancements such as an intuitive user interface, expanded data attributes and increased flexibility around how data is reported leveraging certain Metro 2 reporting fields. These benefits provide users with faster, more robust alternative credit data solutions.”