What is alternative credit data? Uses, Types & Dataset Examples
What is Alternative Credit Data?
Alternative credit can be described as a catch-all phrase to highlight the reports on credit not normally reported in mainstream credit datasets. An alternative credit refers to any form of credit that is not included in the traditionally recognised investment grade and is better protected from the wider credit market movements. This data is useful when a business wants to establish good quality accounts which they can use to reduce credit risk and improve, retain, and grow a profitable customer base.
Examples of Alternative Credit Data include rental payment history, utility payment history, and mobile phone payment history. Alternative Credit Data is used by lenders and financial institutions to assess the creditworthiness of individuals who have limited or no traditional credit history. In this page, you’ll find the best data sources for alternative credit data provided by various alternative credit data providers.
Best Alternative Credit Data Databases & Datasets
Here is Datarade's curated selection of top Alternative Credit Data. These trusted databases and datasets offer high-quality, up-to-date information.
FinPricing Credit Spread Curve Data API - USA, Europe, Canada
B2B Credit Risk Reports on Indian Private and Sole Proprietorship companies
Greene Alpha Data's USA C-Level Executives B2B contact data(e-mail,phone) w/600k records
Geographic Potential Impact Score (GPI) of Addresses (inc. banks, retail stores, competitor branches)
Frequently Asked Questions
Where can I buy Alternative Credit Data?
Data providers and vendors listed on Datarade sell Alternative Credit Data products and samples. Popular Alternative Credit Data products and datasets available on our platform are B2B Credit Risk Reports on Global companies by Rubix Data Sciences, FinPricing Credit Spread Curve Data API - USA, Europe, Canada by FinPricing, and B2B Credit Risk Reports on Indian Private and Sole Proprietorship companies by Rubix Data Sciences.
How can I get Alternative Credit Data?
You can get Alternative Credit Data via a range of delivery methods - the right one for you depends on your use case. For example, historical Alternative Credit Data is usually available to download in bulk and delivered using an S3 bucket. On the other hand, if your use case is time-critical, you can buy real-time Alternative Credit Data APIs, feeds and streams to download the most up-to-date intelligence.