Consumer Finance Monitor

Using Alternative Data in Credit Underwriting


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Our podcast looks at types of alternative data (AD) and industry sources, key points of the recent interagency statement on using AD for credit decisions and CFPB actions to encourage such use, FCRA/ECOA/UDAAP concerns and steps to address them, use of social media data, and the relationship between AD and artificial intelligence. We also assess the regulatory concerns impeding industry’s use of AD.

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Consumer Finance MonitorBy Ballard Spahr LLP

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4.9

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