The Blueprint - Establishing and Building Business Credit

Learn how you can move beyond single-point employee benefit solutions and embrace a more holistic approach that combines:

• Credit education to help employees understand and take control of their credit health
• Financial wellness tools to support budgeting and day-to-day financial confidence
• Identity protection to safeguard what employees have worked hard to build

ITIN holders are active, responsible participants in the U.S. credit economy — yet many remain overlooked by traditional lending models.

Our white paper takes a closer look at this financially active and resilient population, revealing key insights into their credit performance and long-term growth potential.

Some findings include:

• Most ITIN holders are concentrated in states that represent a large share of the U.S. economy: California, Texas and New York.
• 76.9% of ITIN holders remained current on trades after 12 months, a rate 15% higher than SSN consumers.
• ITIN holders maintain a lower debt-to-income ratio (25%) than SSN consumers.

Read the full white paper for more insights.

This summary outlines important research findings that help lenders drive a more inclusive environment for customers, while mitigating risk.

A few takeaways:

• Understanding the profiles of who’s more prone to exclusion informs risk management.
• Machine learning techniques can also be deployed to help detect economic interaction effects or shifts.
• Attributes like education level, occupation or rent/utilities payment history have predictive power in credit outcomes.

Join Ashley Knight, Experian’s SVP of Product Management, and Haiyan Huang, Prosper’s Chief Credit Officer, to discover how:

• Alternative finance data is redefining how to verify and connect identities.
• Email and phone intelligence is unlocking new levels of precision in credit marketing.
• Open banking insights are becoming increasingly critical for financial inclusion and mitigating risk.