The Importance of Trended Data

November 13, 2018
Traditional credit reports are like a snapshot in time of a borrower’s current financial obligations. While helpful to lenders as they assess a consumer’s ability to repay a loan, modern advancements in analytics and technology have produced new risk assessment models which use trended data to provide more of a moving picture of one’s credit standing through time. Amy Graybill, Vice President of Enterprise Insights & Core Data Products at Equifax discusses the importance of trended data and how it can help lenders better understand a consumer’s future credit risk trajectory.
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