Credit reporting agency API: Credit Checker
Credit Checker is a Salesforce-native application that automates the business workflow by pulling consumer credit reports from all the major credit reporting agencies, including Experian, Equifax, and TransUnion, using any Salesforce standard or custom object. Cloud Maven, Inc., a Salesforce certified ISV partner and the recipient of the 2021 Salesforce Partner Innovation Award, has developed this solution to help SMBs. It is known for providing various products, business advisory, and Salesforce consulting services. Auto finance companies use credit reports to determine whether or not applicants are eligible for a loan. However, the issue of manual credit reporting persists. It takes months for an auto financing company to determine an applicant’s credit score by pulling credit reports from credit bureaus and then calculating. A manual underwriting process is typically expensive and increases the risk of inaccuracy. Credit Checker addresses these issues by speeding up the process and providing real-time credit reports.
It decreases human effort and eliminates error while saving time and money. The app supports single/joint credit reports and can help you obtain reports in bulk. The application provides comprehensive credit information that includes Experian Precise-ID, credit history, repayment records, red flag compliance, personal and professional information, public records, driving license verification report, and other credit data to help establish creditworthiness and risk assessment. The data can be easily reviewed and analyzed using a fully customizable dashboard. The dashboard also includes configurable space for sorting applicants into different queues based on their credit score, loan amount, due date, interest rate, or other details.
Credit Checker supports multiple bureau subscriber codes. It also supports soft and hard credit queries, with and without SSN/SIN. It helps lenders with instant credit score checks by providing FICO and Vantage scores in real-time. It allows simple and scalable Salesforce integration as an API form. The app is available on Salesforce AppExchange for a 30-day free trial. Please get in touch with us at info@cloudmaveninc.com For any questions. You can also follow us on LinkedIn and Twitter to stay updated.
