Previously, we discussed the value of utilizing the Expedited Rescore Program to help you close more loans. (If you missed this Blog, please view here) But wouldn’t it be nice if you had a borrower that was almost there to be qualified, and you knew the EXACT steps they needed to take to increase their score and get approved? Ladies and Gentlemen, introducing CreditXpert! This innovative technology allows you to simulate the effect certain actions will have on your borrowers credit scores. Data Facts has an entire team dedicated to ensuring these tools are used properly, enabling you to close 30% more loans that before!!
Close MORE, Close FASTER, Close EASIER
- Approve more applicants by providing the credit quality information they need to better understand your offer
- Save time and money by focusing on the items that impact scores the most, such as the top negative and positive items that could impact an applicant's score
- Offer your clients instant results that help eliminate guesswork and determine a course of action with confidence
Want to learn more?
CrediXpert Essentials identifies the best combination of actions (such as paying down debt and opening accounts) to maximize your applicant's score. Credit Essentials shows you the most cost effective, specific score increases or the maximum score increase available for a given amount of cash.
CreditXpert What-If Simulator™
The What-If Simulator allows users to simulate the results of actions before taking them, so they can understand and test the impact that actions will have on credit scores. Users select pre-defined scenarios (such as increasing or decreasing balances, opening or closing accounts, transferring balances, etc.) or customize a scenario to experiment on specific accounts. By exploring scenarios, consumers can learn if the actions are good or bad for their credit.
The CreditXpert Detective program is like Essentials except it tells you how to get your score increased without using any borrower funds ($) by uncovering potential errors on the credit report. These tools help you establish customer trust and confidence, giving you the competitive advantage.