defi clients are now benefiting from the additional set of 129 attributes added earlier this year by Digital Matrix Systems (DMS). The latest set of attributes are designed specifically to help meet the specialized needs of auto finance lenders.
These DMS attributes cover new credit concepts and improved attribute calculation methods and support TransUnion 4.0, 5, Equifax 6, and Experian 7, enabling defi lenders to leverage them in credit policy and models.
Our partnership with DMS provides defi clients access to the DMS Auto Finance Attribute set in order to help them make better/faster credit decisions.
"DMS has helped us significantly raise our approval rates and reduce the number of applications our underwriters are having to view," says defi client Bryan Coleman with C&F Finance. "They also help significantly improve our turn-around time."
According to Ed Kisinger, defi vice president of product management, the additional atttributes, along with the DMS aggregation, standardization, and attractive presentation of credit bureau data, perfectly demonstrate the value delivered by defi partners to the defi COMMUNITY of lenders.
"We appreciate the DMS contribution and thank them for the continued dedication to providing services that target the needs of our lenders," Ed says.
Read the DMS and defi press release on BusinessWire.