CRIF Synergy's 'CREDICHECK' to Provide Advanced Lending Insights

By CIOReview | Tuesday, August 11, 2015

ATLANTA, GA: CRIF Lending Solutions, a provider of loan and account origination, has announced to deliver Equifax’s TotalView in their CREDICHECK solution, offering borrower insights to its customers. Equifax’s TotalView provides lenders with a single point of access to a wider range of borrower insights to make more informed decisions throughout the customer lifecycle.

Assessing customer’s capacity to borrow involves a tedious process of data collection which can be time consuming and costing company’s exchequer. Relying on data sources will enable companies to manage risk, growth and profitability.

Integrating TotalView, CRIF Synergy’s Credicheck solution enables organization to seamlessly access information for use in their loan originating processes and make informed decisions. TotalView offers borrower insights and capabilities including address records, enhanced credit information on payments, detailed tradeline data, property ownership and estimated equity and value. Income and employment verification, fraud detection will add substantial value in to the decisions taken.

“TotalView leverages a single channel to provide a more seamless delivery method for multiple data sources,” says Joy Wilder Lybeer, SVP, Enterprise Alliances, Equifax.  “We are excited to bring this capability to CRIF Synergy so they can help their customers access a more complete view of a borrower’s financial status, enabling better optimization of growth and risk decisioning.”