Credit Checker is a Salesforce native application that helps lenders make better credit decisions. Cloud Maven, Inc., a Salesforce certified ISV partner and winner of the 2021 Salesforce partner innovation award, created it to streamline the credit reporting process. The financial information provided by the applicant is verified manually following third-party verification. In addition, for mortgage loans, both the lender and the applicant must wait for an appraisal to be scheduled and processed, which increases waiting time.
lenders can automate the entire process with Credit Checker. It approves or rejects applications based on the company's policies. It eliminates human interference, paperwork, and saves money and time for applicants and lenders. It obtains real-time credit reports from major credit reporting agencies, including Experian, Equifax, and TransUnion, using any Salesforce standard or custom object. Some of its features include,
Provides single/ joint reports, & bulk credit reports
Provides demographic data, current and historical tradeline facts, OFAC, MLA, Liens and Judgment, public documents, and queries, among other things
Supports Soft/hard credit inquiries with/without SSN & SIN
Provide dual/tri-merge reports for enhanced analysis
Provides a completely customized dashboard for tracking, categorizing, and evaluating profiles by corporate policies based on applicants' names and credit information
Supports multiple bureaus subscriber code
Instantly generates OFAC reports for people and businesses.
It helps lenders with instant credit score checks by providing FICO and Vantage scores in real-time. It allows for simple and scalable Salesforce integration as an API. The app is available on Salesforce AppExchange for a 30-day free trial. Please get in touch with us at info@cloudmaveninc.com. if you have any questions. You can also follow us on LinkedIn and Twitter to stay updated.
