Now Available through CreditCommander.com
eFund’s Debit and ChexSystems^SM Reports!

Begin using eFund’s Debit Reports today! Augment credit information with a consumer’s debit history, as well as identity verification. The debit report is an online bank reference that provides critical data in evaluating and granting critical credit decisions. Financial Institutions using CreditCommander.com are now able to access one stop reporting with the addition of eFund’s Debit Reports and Account ChexSystems. If you are not an eFund’s customer and would like to get set-up for this service, please call customer accounts at 1-800-884-4397.

Debit Report for Credit Issuance
Tap into an Online Bank Reference...
that provides access for credit issuers into DebitBureau® (the most comprehensive debit database in the world) so you can augment credit information with debit information to capture a more complete historical financial picture of a consumer. Debit report contains information on returned checks for insufficient funds, accounts that have been closed for cause, check orders and an inquiry history.

Debit Report for Collections
Access debit information that assists you in locating people for collection purposes. To begin using Debit reports for collectiions, you must first go into the access code set-up and turn on eFunds, then turn on the individual reports.

ChexSystems^SM...
fights account abuse and fraud - it's a comprehensive account opening service from eFunds available only to banks and credit union’s that help identify applicants whose accounts have been closed for cause and who therefore may have a propensity for DDA abuse. The ChexSystems product requires that you have an eFunds customer ID.

Coming Soon:
Felony and Misdemeanors
MicroBilt will be providing the ability to search count-level criminal court records that will yield county level felony and misdemeanor records. This will not be an on-line database, these will be manual searches that will take 1-2 days. Additional court searches will also be available such as federal, state and nationwide searches.

London Bridge Interface Planned
Also planned for release in early October is our new interface with the London Bridge Group. MicroBilt Corporation has partnered with London Bridge Group to become a credit reporting service provider within their loan origination system, Diamond. Diamond is a web-based LOS, which will interface with MicroBilt, to allow credit reports to be imported into the loan application. MicroBilt offers its MicroMerge tri-merge report format and competitive pricing as an excellent alternative for those lenders needing a merged credit report, as well as, the option to utilize their own subscriber codes when retrieving bureau data to control costs.

MicroBilt Announces CreditCommander.com 2.3.1 Release

Highlights include:

• eFund’s Credit Issuance – a debit report product, which searches the eFunds database that can be utilized to assist in making credit decisions. This report has been added to the Data Sources section, and can be also be added to any skip tracing package that you may have already created.

• eFund’s Collections – a debit report product, which searches the eFunds database that can be utilized to assist in locating people. This report has been added to the Data Sources section, and can also be added to any skip tracing package that you may have already created.

• eFund's ChexSystems – used as an identity verification as well as account closures and collections, OFAC screening, Patriot Act compliance and more. Available only to banks and credit unions.

• Trace Detail – Is a locator product added to MicroBilt's People Search. Trace Detail is a secondary search that can be used to help locate people and provide additional phone and contact information on relatives and neighbors.
To order this product click on the Trace Detail logo from the people search report screen.

• Experian Business - Added to MicroBilt’s Automated Decisioning product to assist customers in automating their business decisions.

• Experian Business – Reports are now offered in both Print Image and Common Report Format.


Updates Include:

• Instant Update – Now has three prompts for entering an Alert message instead of just one.

• Style sheet - Updated to include some of the bureaus new products and improved formatting.

• New Rules – Updated for Administrators to help them manage their user base. Rules include:

1) Ability to restrict uses from pulling reports, thus only allowing them to review results

2) Ability to allow or not allow supervisors to add or edit access code

3) Ability for supervisors to create packages

Fixes Include:

• Issue with pulling UCC reports from Experian has been fixed

Training Scheduled for eFunds

Mark your calendar
Thursday, October 16th 2003
4:00 p.m. EDT

MicroBilt will be offering an online training for customers who currently have a relationship with eFunds but would like to access their reports through CreditCommander.com and or for those customers who would like to begin using eFunds as a new customer. To learn more about the new eFunds reports now available through CreditCommander.com and participate in the training, email us at microbilt@microbilt.com and enter ‘eFunds Training’ in the subject field. We will email you with specific dial-in instructions prior to the session.