Check a Customer's Credit Quickly, Thoroughly and Effectively at Your Retail Appliance Business
MicroBilt's credit report services provide business owners in the retail appliance business with rapid access to accurate and reliable information gathered from the largest consumer and business credit reporting databases in the country.
To conduct an automated credit approval on a customer at your retail appliance business, we recommend:
Consumer data is essential for your retail appliance business to operate and you need a comprehensive, secure source for your mission critical information. Consumer credit data is a core building block in making credit, leasing, collection and hiring decisions. MicroBilt is your single source for credit reports from Equifax, Experian and TransUnion, as well as PRBC. Business reports are available from Dun & Bradstreet, Experian Business, Equifax Business and PayNet.
Approximately 50 million Americans have little or no credit history on file with the Experian, Equifax and TransUnion credit bureaus, yet they earn a steady income and meet regular payment obligations of rent, utilities, and recurring bills. These creditworthy individuals are often denied for credit offerings due to their 'thin' credit history and this offers your appliance store a significant population of new customers. MicroBilt's PRBC Report with FICO® Expansion® Score offers your business the opportunity to tap into a huge market of creditworthy customers by allowing you to use alternative data to make nontraditional credit decisions with minimal risk.
As decision criteria rapidly evolve in a changing market, a cohesive process is required to quickly implement changes in decisioning logic, credit policy, and business rules while maintaining the integrity of established performance standards.
MicroBilt's WatchList screenings include and go beyond basic OFAC requirements to include 63 different lists from 35 sources including FBI and INTERPOL most wanted lists at no cost when customers conduct standard searches. By automatically providing comprehensive screening, MicroBilt helps retail appliance businesses stay in compliance without having to determine for themselves when and what they should be checking.
MicroBilt offers the leading identity verification products and services and cutting edge authentication products that will minimize the risk to your appliance store. As part of each application, MicroBilt provides a complementary suite of verification tools; MicroBilt applications can automatically verify and populate an address, verify the applicant's phone number, validate Social Security numbers and check the Social Security Administration's death master file for a match.