Our Credit Reporting and Inquiry Service allows you access to our online database of credit histories. With this service you can see which of your members is more or less likely to repay a loan not just from their payment history with you, but with all other subscribers to which they have conducted business. This will greatly assist in your loan approval process. The benefits of using WIRE (web integrated reporting and enquiry system) include:
Faster credit processing and decision-making
Reduced credit risk and delinquency rate
Risk based credit pricing and terms
Encouragement to pay promptly
Reduced costs from processing non-credit worthy applications
Improved value to the consumers resulting from better customer service from the credit department
You can submit an inquiry form right now and begin the process to quick lending decisions or contact us to arrange a demo of WIRE for you.