The power of open banking
With Experian’s Advanced Eligibility solutions everyone involved in the open banking journey benefits.
Open banking data provides a more comprehensive financial profile of a consumer and allows them to prove their creditworthiness and affordability through additional information not included in the credit bureau.
By collecting this data and sharing it with lenders during the enquiry journey price comparisons can offer best products and rates in the market which in turn increases the number of lender referrals and conversion rates.
And for lenders Advanced Eligibility will not only help them to make better credit risk decisions on consumers searching for credit products but will also help them to grow.
These solutions require very little technical integration and are easy to use.
How can I access Advanced Eligibility?
We will provide a solution that fits with your budget and requirements, but you can rest assured that our data is collected, compiled and delivered to the highest possible quality.
Request a consultationThe benefits at a glance
Instantly access to personalised offers
Consumers can instantly access fairer credit and personalised offers by connecting their bank account
Offer the best products and rates
Give consumers the best products and rates in market and increase quality of leads and conversion
Increase conversion rates
Grow with increased clicks and conversion rates without changing risk guardrails
Harnesses open banking
Use Open Banking data in eligibility and lending decisions without having to collect, manage or integrate the data
Simple lending
Lend to a once invisible consumer base