Decisionet.com: Credit Data

XML-Web Services

For truly integrated access of credit data within your primary business applications there is no better solution than XML. Through a single, easy to implement XML interface we give you access to: Bureau-Native Data Formats, Common ASCII Formats, Common XML Formats, Merged Reports, 1600 Summary Attributes, and even Automated Decision Services. With this interface you have the power and the options of providing everything from simple access of raw bureau data to dynamic and robust applications that actually help your end users make better informed decisions, using the data in a more productive manner.

Web Browser Interface

Each of the three credit bureaus (Equifax, Experian, and TransUnion) have their own web browser interfaces that allow you to enter subject data and view a credit report. However, each of the bureaus supports only their own reports, in their own formats. If you need to access more than one credit bureau, or would at least like the option of a standardizing the formats of the various bureau responses then our credit browser interface is the best bet. We can even support merged reports and customize the display formats if you require.

Turnkey Client Software

For smaller, and even mid-sized shops, our software allows for data entry and storing of various configurations and data. It can even be used as an engine, to import/export data with a 3rd party application (such as LOS's, CRM's, Financial or Collections Systems). The import/export is done via a simple ASCII file sharing method and supports the native, bureau report formats. This software does not currently include access to the various other products and services we offer.

Licensed Analytical Tools

This where we put all of our knowledge, abilities and expertise into a black box and let you run wild. Well, okay, we don't give you ALL of our tricks, but pretty close. This option is well suited for large shops with a need involving many thousands of transactions per month and/or the advanced, automated use of all your risk information and credit data.

Common XML Formats

Our XML interface provides direct access to data from the three major U.S. credit bureaus and both Canadian credit bureaus. With its single format request, it dramatically cuts down on your development time. The very nature of the XML formatted data also shortens the time-frame to achieve your return on ‘mined’ information. In addition to obtaining bureau data in a common format (and/or the bureau specific formats if needed) our XML interface also serves as the basis for many other services.

Summarized Credit Data

In an effort to increase efficiency while minimizing cost, many companies are automating the use of credit data within their applications. As a result, Summary Attributes of credit characteristics have rapidly become the "shorthand" that allows for the optimization of automated decision engines and processes. They serve as the flexible and robust inputs to speed-up more accurate decision-making. We can provide 1600 Summary Attributes that have been standardized and "normalized" over all three of the U.S. credit bureaus to ensure consistency, reliability and accuracy. We test, maintain and improve them so you can enjoy peace of mind as you deliver decisions and products that meet and exceed your customer’s needs.

Merged Credit Files

When it comes to obtaining a merged credit report, we offer the most complete, accurate and easy-to-read report available. Just some of the many advantages of our merged report include: A sub-set of key credit history Summary Attributes to simplify credit-decisioning, a scrubbed report with less redundant tradeline data, the most comprehensive coverage of a person’s credit history, multiple data sources which improves your ability to identify “bad” performers consistently over a single bureau source, a uniformly formatted report making it simple to locate the information you need, and certainty of a complete picture since every trade line is treated as a unique set of data that’s never “blended.”

Decision Services

Our custom-made and expertly delivered Decision Science Services and consulting allow you to not only benefit from our objective experience, but can accelerate achievement of goals, increase market share, and speed delivery of unique products and services to your customers. Our automated decisioning services facilitate data examination with a software suite, including data processing and analysis services designed specifically for credit analytics. These analytics include Cluster analysis, Loss forecasting, and Compare-Challenge scenarios to name a few. Services include the use of Summary Attributes, customized credit report attributes, portfolio reviews and archive processing. We also support all scorecard development activities, including reject analysis, along with customized predictive modeling services such as those dealing with performance, attrition, delinquency and bankruptcy.

Decisionet.com: Credit Data Solutions

Credit Data Solutions