Chapter 15: Data-driven Marketing (DDM) CMS
IN THIS LESSON
What is it?
Consumer IncomeView™ helps lenders assess consumer income quickly, and efficiently and requires no effort on the consumer’s part to provide pay statements, W2s, or other proof of income documents.
With Consumer IncomeView, you now have a fast, affordable way to more accurately assess and estimate income, while delivering a frictionless consumer experience.
Key Benefits
Make stronger, more confident decisions by more accurately estimating consumer income
Better understand risk at every stage of the consumer lifecycle – from prospecting and acquisition to account management and collections
Improve risk management and marketing across multiple industries such as financial services, auto, card, insurance, communications, healthcare and retail
Used for credit risk management including current portfolio assessment,
charge-off look back, and validation of stated income post-booking
Database governed by requirements of the Fair Credit Report Act to comply with underwriting standards
