Credit Checker: An Innovative Solution for Instant Credit Checks Inside Salesforce
Lenders have always struggled to determine whether to offer a loan to an applicant or not after thoroughly investigating their credit reports, it takes days to decide. Again, things become more complicated when hundreds of thousands of applicants are in the pipeline. Because it required manual steps, the traditional method of obtaining credit reports was prone to human error and was costly and time-consuming. While understanding the customer’s creditworthiness is critical before granting a loan, the lengthy process causes some customers to switch to another lending company. To eliminate the entire manual and complex process and automate the credit checking process Cloud Maven, Inc. has developed Credit Checker. This application is for businesses that rely on credit reports to make most of their credit decisions.
Credit Checker pulls real-time credit reports instantly from all the major credit bureaus, including Experian, Equifax, and TransUnion, using any Salesforce standard or custom object. It automates the decision-making process by accepting/rejecting credit applications automatically according to business policies. It provides comprehensive credit data, including public records, trade accounts, payment history, account details, employment verification reports, liens & judgment data, FICO and Vantage Score, and more, to help lenders make better credit decisions. It contains a fully-customizable dashboard to track and analyze the reports. It allows the sorting of applicants in different queues based on their credit data.
Credit Checker provides single/joint credit reports and supports batch processing. It also supports soft and hard credit inquiries with/without SSN/SIN. It supports OFAC screening to help firms determine whether an applicant is a sanctioned individual/entity from any OFAC listed embargoed countries or regimes.
Credit Checker is a highly recommended app since it saves time and money and increases productivity. Check out their reviews at Salesforce AppExchange.
To learn more about its features and benefits & to get a 30-days free trial, please mail us at info@cloudmaveninc.com
For more info, visit https://www.cloudmaveninc.com
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