Data is the lifeblood of nearly every business. In the financial world, data is the primary reason companies succeed. This is why so many credit unions are using data analytics tools to help them improve their lending performance. If you are involved in credit union lending, you might benefit from the use of lending software. According to CUDirect.com, lending software can provide you with important data that helps you manage your loan portfolio. Read on to find several ways in which data analytics can help improve the performance of loan portfolio.