i'll let you in on another industry secret if you wanna...

i'll let you in on another industry secret

if you wanna attract the prime risk applicants, simply offer the

a) best interest rates on in market....posting offers on credit aggregator , comparison sites is mostly all you need

b) apply minimum credit bureau cut off scores of no less than 800 or 900

c) streamline back end decisioning to ensure funds are deposited in applicants savings account within hours (not 24 hours...that's too long a wait for low risk applicants..,don't keep them waiting else they'll leave)

how's this so difficult???

comprehensive reporting has levelled the playing field, enabling credit providers access to very very highly predictive credit data

the issue with having lower risk consumers dominate your lending portfolio is ....margins...you're operating on thinner margins than medium or higher risk applicants.

sorry to burst your bubble....and don't believe the hype....