Black Book Working with Equifax on Value Data for Lenders

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Black Book - October 7, 2014

Equifax will be providing auto lending customers with an added benefit – direct access to Black Book vehicle value data and loan-to-value (LTV) model data. Black Book says that by incorporating its data with differentiated Equifax data, lenders can better evaluate LTVs at origination, migration of LTVs, collateral risk, and layered risk. Using Equifax and Black Book data also gives lenders additional tools to monitor evolving LTV ratios over time.

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