“We move markets when others fail.”
In the US—where there are an estimated 54 million Credit Invisibles—PERC convinced nationwide credit bureaus to make gathering alternative data a business priority, and persuaded several large lenders to use it in credit underwriting. In addition, PERC has helped build a real-time income and employment verification solution. In other countries, PERC has developed commercial grade alternative scorecards, and in emerging markets PERC is developing an innovative alternative data network that delivers a financial identity, an estimated income, a credit score and credit report to credentialed lenders.