Are you seeking a tool, other than a credit report to assess prospective borrowers?The RiskView™ Report draws on insights from alternative data points to assess stability, ability to repay and the willingness to repay. For example, consumers who move around frequently and are associated with many different addresses are5xmore likely to default than consumers with more stable address histories.
Do you underwrite loans, in particular, loans of large amounts?Minimizing risk is critical to your business viability. Consider evaluating your borrower on data sources that may be more predictive of your borrower's eligibility than traditional credit data alone. Past addresses, utility payments, and professional license obtainment are just a few factors that can be helpful in underwriting. Traditional public record data points (including civil judgments and liens) are also collected and can provide great insight into your client'sability to repay on your account. Avoid surprises or the unnecessary purchase of a pricey title search by first reviewing the RiskView™ Report.
Note: The RiskView™ Report is a consumer, not business product. Business lenders may consider using it if seeking additional information on the principal borrower or on anypersonal guarantors associated with the loan.
FAQs
LexisNexis Risk Solutions is a large consumer reporting agency that provides information to a wide range of industries. These reports can contain credit history, criminal history, information about property, debt, and more. Errors on LexisNexis reports can be damaging.
What is LexisNexis RiskView? ›
RiskView Credit Solutions provide a highly predictive view of consumer creditworthiness based on recent events. Grow your business with greater confidence while managing risk thresholds.
What is LexisNexis on my credit report? ›
Why is LexisNexis or Insurance Initiatives Ltd (IIL) on my credit file? A LexisNexis/IIL search footprint on your credit file demonstrates that an insurer or broker has requested LexisNexis/IIL to search your data with a Credit Reference Agency (“CRA”).
Why did I get a letter from LexisNexis? ›
If you receive a letter from LexisNexis, this message is for you. LexisNexis is working with ConsumerInfo.com, Inc., an Experian® company, to provide you with a range of credit management and identity protection services, to help recipients of the letter to monitor their credit reports for one year at no cost.
How did LexisNexis get my information? ›
Collects information from public records and multiple proprietary data sources. This includes items such as real estate transaction and ownership data, lien, judgment, and bankruptcy records, professional license information, and historical addresses on file.
Why should I opt out of LexisNexis? ›
The more organizations that have access to your data, the higher the risk of your information falling into the wrong hands. Opting out of LexisNexis and Sage Stream helps reduce the number of entities that possess your data, thus lowering the risk of your information being compromised.
Why would someone use LexisNexis? ›
LexisNexis helps uncover the information that commercial organizations, government agencies and nonprofits need to get a complete picture of individuals, businesses and assets with industry-leading data and analytic solutions.
Does the IRS use LexisNexis? ›
Lexis is the incumbent contractor for the tax research service, and Thomson is the incumbent contractor for the comprehensive research service.
Is LexisNexis a background check? ›
LexisNexis resident screening offers one of the most comprehensive applicant background and collections services available for the multi-family market today.
Who uses LexisNexis for credit? ›
We do business with banks and financial institutions, insurance carriers, healthcare providers and government agencies, law enforcement agencies, and non-profits.
LexisNexis Risk Data Management, Inc. ("LexisNexis") is a provider of bankruptcy information to Experian. If you have questions about the information LexisNexis has provided to Experian, please contact us by one of the methods referenced below.
What companies use LexisNexis? ›
Companies Currently Using LexisNexis
| Company Name | Website | Phone |
|---|
| Comcast | xfinity.com | (215) 286-1700 |
| The University of Texas System | utsystem.edu | (512) 499-4200 |
| Winrock International | winrock.org | (501) 280-3000 |
| State of Tennessee | tn.gov | (615) 741-2001 |
2 more rowsIndividuals may request to opt-out of having personal information about themselves made available through certain LexisNexis products and services, in accordance with legal requirements or if permitted by LexisNexis policy. Such requests are referred to as "Information Suppressions."
How do I remove my personal information from LexisNexis? ›
If you would still like to remove your data from the LexisNexis system, you can do so on the LexisNexis opt-out page at https://optout.lexisnexis.com. Once you go to this website, follow the prompts on the opt-out form to remove yourself from the platform.
Can I look myself up on LexisNexis? ›
You may order information on yourself or someone whom you have legal authority over, such as a minor. If you are ordering information for someone other than yourself, you will need to submit paperwork to prove you have authorization.
Is LexisNexis a real company? ›
LexisNexis is an American data analytics company headquartered in New York, New York.
Is LexisNexis report legitimate? ›
As a consumer, it is important to know that the information provided on these data broker reports is accurate. You can easily request a copy of your report from LexisNexis, as well as credit reporting agencies to make sure that your personal data is correct.
Do all insurance companies use LexisNexis? ›
data gets compiled much like credit reporting agencies collect information from your creditors about your credit usage and history. Insurers submit insurance claims information to the C.L.U.E. database on a daily and weekly basis. Not all insurers use the service, but most do, says a LexisNexis spokesperson.
What is the LexisNexis controversy? ›
Through this trial, the complaint alleges, LexisNexis wields its PII collection as an advertising tool, providing prospective customers with access to “full names, addresses, phone numbers, occupations, employers, social media accounts, and personal property,” which the lawsuit claims “runs afoul of the well- ...
