MEMPHIS, TN--(Marketwired - July 20, 2016) - Data Facts, Inc, a nationwide supplier of lending solutions banks and mortgage companies use to make smart lending decisions, recently announced an addition to their suite of products.
TrendScape, by the company CreditXpert, is now available to assist lending professionals in understanding the trends in their customers' credit reports. TrendScape distills the new and robust trended data to provide a midscore forecast, a simple description of their balance trend, and how they pay.
Julie Wink, Data Facts' Executive Vice President, is pleased to offer this new, helpful tool to their lending clients. "It is difficult and time-consuming to review and analyze every piece of information on a credit report, especially now that they contain trended data information. I know our clients will be able to utilize TrendScape to save time while still being able to accurately weigh the applicant's credit worthiness. This is just one more way we partner with our clients to help them continue to close more loans, faster and easier."
The lenders who have begun using TrendScape have found it helps them quickly understand 'the story' of their applicant's credit, saving time and gaining trust as a result. To gain access to this tool, lenders should visit www.datafacts.com or speak with their Account Executive for more information.
In 2000, CreditXpert started a revolution by exposing the inner workings of the credit scoring industry to consumers and pioneered a new industry. Millions of people have been using their tools to take control of their credit, gain access to better loans and save money.
As a result, more consumers now qualify for a mortgage at a good rate, and thousands of loan officers, mortgage lenders and other businesses are able to better serve their customers and make more money.
About Data Facts, Inc.
Since 1989, Data Facts, Inc. has provided trusted information to mortgage lending and Human Resource professionals to reach sound lending and hiring decisions. Headquartered in Cordova, TN, the company maintains a national footprint and stays on the forefront of industry regulations. This insight allows them to provide a suite of comprehensive solutions to advance their clients' efficiency. Their dedication to operational excellence and personalized support has solidified them as an industry leader for over 27 years.
Their commitment to above industry standards is proven by their NAPBS accreditation, sustaining SOC 1 and SOC 2 certifications, all staff members upholding FCRA certification, and maintaining active roles on the NCRA and multiple MBA boards.
In addition, Data Facts, Inc is certified by the Women's Business Enterprise National Council (WBENC) as a women-owned business.
For more information, please contact Data Facts, Inc. at 901-685-7599 or email firstname.lastname@example.org. Subscribe to their lending solution or background screening blog follow them on Twitter at @dfscreening and @dflending, and connect on LinkedIn at Data Facts, Inc. to stay abreast of industry updates.