Case Study: Upgrade achieves increased loan approvals and market share with LexisNexis Risk Solutions' RiskView Liens & Judgments Report

Upgrade expands data sources to drive enhanced risk management

Upgrade is a consumer credit platform that offers streamlined personal loans and credit tools to applicants (typically 620+ FICO scores) seeking $1,000–$50,000. Facing a competitive, fast-moving lending market, Upgrade identified a blind spot in its decisioning: traditional credit bureau data lacked liens and judgments information, limiting its ability to accurately segment applicants and offer the best terms.

Upgrade integrated the LexisNexis RiskView Liens & Judgments Report to augment bureau data with FCRA-ready public-records intelligence. The quick implementation fed liens and judgments into automated front-end workflows, helping process hundreds of thousands of applications, refine borrower segmentation, improve available loan terms, increase approvals for qualified customers, and broaden Upgrade’s market perspective.

Upgrade

Matt Wierman

Head of Personal Loans