Zoot, a provider of advanced instant credit decisioning and loan origination solutions and CoreLogic a provider of information, analytics, and business services, joined forces to offer deeper insight to underbanked consumers.

Zoot clients can now easily access alternative credit information from CoreLogic Teletrack for risk mitigation and fraud detection to make more informed credit decisions.

“Adding Teletrack to our network of data service providers gives our clients greater options for assessing credit risk, predicting fraud, and qualifying more credit applicants,” says Dennis Dixon, president of Zoot Enterprises. “Credit decisions are returned in seconds, providing a competitive advantage and great customer experience.”

Teletrack gathers information from payday loan companies, rental purchase stores, credit card companies, consumer finance businesses, nonprime auto lenders, and credit unions. When this data is integrated with Zoot’s decisioning platforms it provides credit issuers with a more comprehensive picture of consumers.

“With more than 40 million unique consumers in our database and a growth rate for adding new contact records at 17% per month, we have a wealth of information to provide to credit issuers. Zoot’s decisioning infrastructure allows quick access to our data and the ability to make more informed credit decisions,” says Dale Williams, president of CoreLogic Teletrack

http://www.zootweb.com/press/102611-Zoot-Announces-Integration-to-CoreLogic-Teletrack.html