Software to pull credit reports: Credit Checker
One industry that requires credit reports daily is the banking industry. Banks use credit reports to help them make lending decisions. Credit reports contain information about a borrower’s credit history and financial situation. This information helps banks determine whether or not a borrower is a good candidate for a loan. Because manual credit decisioning is slow and inefficient, banks encounter a slow loan disbursal process. Credit Checker helps banks approve/deny loan applications according to their policies. The application is developed by Cloud Maven, Inc., a Salesforce-certified ISV partner and the recipient of the 2021 Salesforce Partner Innovation Award. From any Salesforce object, banks can obtain real-time consumer credit reports from the three major credit reporting agencies, Experian, Equifax, and TransUnion, using this app. This credit reporting tool helps banks obtain real-time, robust credit data for their customers, making precise and impactful lending decisions quickly. Banks can access the reports anytime and from any location without leaving Salesforce. It allows them to obtain single/joint credit reports and dual/tri-merged credit reports based on their requirements. Unlike most credit bureaus, Credit Checker saves more than 20% on credit reports. They can perform soft and hard credit checks on applicants without their social security or tax identification numbers. Based on predefined rules, the app automatically accepts or rejects applications. The app includes a fully customizable and user-friendly dashboard for analyzing the report, which aids profile interpretation and monitoring. The dashboard can also be used to sort profiles based on the applicant’s various credit data points. Credit Checker works well as a multiple credit bureau connection API. The organization can also help you create a contract with your preferred credit bureaus immediately. This Salesforce integration is available for a free 30-day trial on the Salesforce AppExchange. If you have any questions, please get in touch with info@cloudmaveninc.com. Follow Cloud Maven, Inc. on LinkedIn, Twitter, and YouTube to learn about additional solutions.
