Many consumers with robust files on EFD DebitBureau have little or no credit history. EFD DebitReport helps credit issuers gain deeper insight into a consumer’s financial behavior using data from EFD DebitBureau. By complementing credit data with the data contained in EFD DebitBureau, you can have confidence when tapping into a broader base of consumers for credit products and other financial services.
Using the powerful data from EFD DebitBureau, you can optimize customer relationships, maximize revenue and extend smarter credit safely. EFD Debit Report has been shown to support credit issuers who want to:
-Increase their overall customer base without increasing overall risk
-Maintain approval levels while reducing credit losses
-Grow overall profitability through balancing growth potential with controlled risk
The predictive consumer data contained in EFD Debit Report unlocks the potential for smarter decisions.