Our data and insight can help you make confident decisions, so you can assess affordability quickly and easily.
Understanding an individual consumer’s ability to afford your products or services is essential when it comes to finding the right product for the right person. Our data and services can help you to make confident decisions by allowing you to quickly and easily assess an individual’s affordability throughout your relationship with them.
As an accredited supplier of solutions and an Account Information Service Provider (AISP), we know that assessing someone’s ability to afford credit through verifying their income and how they use their money shouldn’t be a one size fits all process. Our Affordability Check solution offers the ability to use bureau data and the statement data that Open Banking and the Payment Services Directive 2 (PSD2) has made available. Enabling you to offer relevant, fair and flexible processes that are personalised to an individual.
Experian’s Affordability Check solution uses the wealth of data that Open Banking has made available. Bringing together all the components required to make a streamlined efficient credit on boarding process.
How will your company utilise the transactional account data that the Open Banking will make available?