Consumer Report
Make smarter lending decisions with real-time cash flow insights powered by Plaid Check, a consumer reporting agency.
Consumer Report can be used for lending and credit underwriting. Consumer Report provides lenders with comprehensive, up-to-date bank account and cash flow data to qualify more borrowers, manage risk, and decision with confidence. With Consumer Report, lenders can evaluate a borrower’s income, assets, employment, and financial stability based on insights derived from cash flow data.
Features
Benefits
Features
Comprehensive cash flow data and insights to enhance your lending lifecycle
Get up to 24 months of consumer-permissioned bank account data (including account holder identity) along with categorized inflows and outflows. Additionally, access account-based insights like balance averages and trends, as well as indicators of whether this is the borrower’s primary account based on transaction frequency.Go live in days, not months with our no-code dashboard
Simply text or email applicants to connect their bank accounts, then quickly process the application with our no-code dashboard. So you can keep applicants moving, whether they’re in line or online.FCRA compliance
Plaid Check is built to support all of your FCRA-related needs, from capturing permissible purposes to ensuring data accuracy. So you can use cash flow data responsibly while staying compliant.Benefits
Qualify more applicants
Improve risk management
Support your borrowers