Teletrack UK Ltd. Sees Significant Growth in Transactions; Short-Term and Non-Traditional Lenders Seek Specialist Risk Management Solutions

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In July, more than 200 storefront locations and several online lenders integrated Teletrack UK's service into their credit risk assessment and fraud/authentication processes.

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Our unparalleled solution set helps lenders meet their Anti-Money Laundering (AML) and other regulatory obligations whilst lending responsibly and profitably

Teletrack UK Ltd., the largest credit reference agency in the UK specialising in risk management solutions for short-term and non-traditional lenders, reports that searches of its specialist credit performance database surged by 56 per cent in the second quarter of 2009.

Teletrack attributes the increase to a growth in consumer demand for loan products from payday advance and other companies that specialise in providing finance to higher risk consumers, as well as the need for such lenders to lend both responsibly and profitably in today's credit market.

"Since 2007, Teletrack UK's experience and focus on the specific needs of short-term and non-traditional lenders has enabled our clients to better evaluate the credit and fraud risk associated with lending to higher risk consumers," said Dale Williams, managing director, Teletrack UK Ltd. "We are seeing a significant increase in the number of credit reference searches and loans processed by existing clients, as well as a surge in demand for our services from new clients in this market. Teletrack UK strongly advocates responsible lending. In addition, our unique product suite enables lenders to assess a consumer's debt burden and ability to pay, as well as the consumer's prior loan repayment performance for similar products and the broader credit market. "

Teletrack UK's AWARE credit performance and prior search database provides unique, real-time proprietary search and loan performance data concerning consumers that have utilized short-term or non-traditional lending in the past. Unlike some traditional credit reference agencies, Teletrack UK's database can be updated in real-time as a lender grants a consumer a loan. The loan obligation is immediately visible to other lenders searching the database that may have received a loan application from the same consumer. In July, more than 60 per cent of the searches of Teletrack's AWARE database were for consumers that had also applied for a short-term loan in the recent past.

"In July, more than 200 storefront locations and several online lenders integrated Teletrack UK's service into their credit risk assessment and fraud/authentication process. We anticipate processing more than 100,000 searches of our AWARE database per month by the end of the current quarter as these clients commence service," said Williams. "With the addition of several new clients that are currently integrating with our system, we anticipate more than doubling this volume by the end of 2009. As a result, Teletrack will become the richest source of specialist short-term/non-traditional credit performance data available in the UK."

In addition to its own proprietary, real-time AWARE database, the Teletrack UK solution also enables real-time access to traditional credit performance data, consumer indebtedness information, Voters Roll, bankruptcy/IVA information and fraud detection/authentication solutions from the broader credit reference arena. These services, as well as bank account validation services, are available though a single interface developed and maintained by Teletrack UK.

"Our unparalleled solution set helps lenders meet their Anti-Money Laundering (AML) and other regulatory obligations whilst lending responsibly and profitably" added Williams.

About Teletrack UK Limited
Teletrack UK Limited was formed in 2007 to deliver credit and fraud risk management tools and solutions to the non-traditional lending markets in the UK. As a credit reference agency, Teletrack gathers records from businesses that cater to non-traditional credit consumers. Using dual state-of-the-art data centres, Teletrack delivers unique data and solutions to a variety of businesses, including payday loan companies and other non-traditional consumer finance businesses. Businesses access Teletrack's consumer data for risk mitigation, identity verification, fraud prevention and collections.

In the U.S., Teletrack, Inc. is a market-leading credit reference agency that has been providing consumer credit information and risk management tools and solutions to non-traditional lenders since 1989.Teletrack UK Limited and Teletrack, Inc. are wholly-owned subsidiaries of First Advantage Corporation. For additional information, please visit the company's Web site at http://www.teletrack.co.uk.

First Advantage Corporation (NASDAQ: FADV) provides innovative products and services that mitigate risk by helping businesses, non-profit organizations and government agencies make more informed decisions. Headquartered in Poway, CA, the company has employees in 12 countries that support over 90,000 clients globally. More information about First Advantage is available at http://www.FADV.com.

Contact:
Katie Bryson
Marketing Manager
Teletrack, Inc.
678.229.5206

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