Affordability Assessment

Seamlessly process new applications; validating affordability and income without the need for manual intervention

With increased regulatory attention, indebtedness levels remaining high and many consumers suffering from an unprecedented squeeze on their disposable incomes a robust affordability assessment is an increasingly crucial aspect of credit management.

Callcredit have been working with our clients to extract value from affordability data since the creation of The Over-Indebtedness Initiative in 2006 when the leading high street banks joined forces with Callcredit to launch a responsible lending initiative, looking at consumer indebtedness and affordability.

Financial data is sourced from current credit turnover information and validated salary details provided as part of applications for lending products. Approximately 97% of all eligible current account information is now available in our Affordability Universe.

Applicants are matched to this Affordability Universe, which contains a single view of each consumer across all financial relationships.

A range of online and batch offers are available, covering income verification and affordability assessment for new business requests and the ongoing monitoring and management of affordability on your existing portfolios.

To find out more about our customer assessment products please complete our business enquiry form and one of our specialists will contact you shortly.