As a credit provider it is vital you are guiding people to the right product for their individual financial circumstances. Confident decisions come from understanding the detail of each individuals creditworthiness at the start of a loan, and their continuing ability to maintain payments – quickly, which in turn ensures regulatory compliance and happy customers.
Experian’s Affordability solution calls on our extensive range of data sources to give you the most precise view of the crucial financial characteristics, such as income and indebtedness, needed to make the most accurate affordability decisions.
Who's it for?
Experian Affordability is used widely by mortgage, credit card and personal loan providers, alongside vehicle finance, telecommunication and utility providers.
- Validates application data and provides you with accurate insight to use in your decision making process
- Combines key variables to give you a highly predictive risk indicator
- Calculates key financial estimations based on our broad data assets and sources of insight
- Allows you to swiftly and confidently define the most appropriate terms for each individual, in order to provide the best possible customer experience
How it works
Our simple to adopt Affordability solution can either be built in to your systems or delivered in batch data.