High-cost short-term lenders face strict requirements to show that they have acted in the best interest of consumers that are applying for loans. However, the over reliance on Credit Reference Agencies (CRA's) has created severe challenges for lenders such as credit score calculations that encourage debt, inaccurate and outdated credit data, and the selling of this data at an extremely high cost.
Save your spot today for the upcoming webinar on November 13th at 2pm (GMT) where DirectID Account Director, Richie Pindor, will be presenting a real case study of a high-cost short-term lender that we have worked with to eliminate these pain points using Open Banking.
Register here: https://hubs.ly/H0lCFKN0
Become a bobsguide member to access the following
1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development
