TransUnion (TRU) introduced the TruVision Alternative Bank Risk Score. This score includes checking and banking data applicable to the short-term lending space and can be used to enhance lenders’ existing underwriting scores. It offers a more holistic view of a consumer’s financial behavior and enhances the accuracy of credit risk decisions. The TruVision Alternative Bank Risk Score is enabled by TransUnion’s OneTru solution enablement platform, which now houses the company’s short-term lending data.
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