MicroBilt Corporation, a leader in risk management information for small and medium-sized businesses and leading provider of alternative data for non-traditional lenders
, is pleased to announce the release of its iDecision mobile solution for instant credit decisions
at the point of purchase.
MicroBilt’s iDecision platform provides a consumer mobile access to instant credit approvals for the purchase of products and services in a retail store, on a car lot, even at a consumer’s home. The iDecision SMS product provides instant credit decisions via a consumer’s cell phone and is accessible through most carriers. MicroBilt also offers iDecision IVR which provides instant credit approval via any phone.
"Our iDecision product uses MicroBilt’s Decision Engine, a completely customizable decisioning platform, which allows a business to prescreen consumers and make decisions on credit applications using any credit score or data element within any consumer report
", according to Walt Wojciechowski, MicroBilt’s CEO, "iDecision offers consumer reports from all three credit bureaus, Experian, TransUnion, and Equifax, as well as PRBC® Consumer Report with FICO® Expansion® Score."
"iDecision is a ideal for businesses that extend credit to consumers for the purchase of home services like alarm and security companies, satellite television, oil delivery, pest control, and landscaping services" noted Wojciechowski, "With iDecision, our auto dealer customers now have a way to truly approve their customers for credit ‘on the spot’".
MicroBilt is the leader in serving small businesses with data and tools that they need to manage business risk, value private businesses, make informed lending and hiring decisions. MicroBilt offers the small business owner simple, cost-effective solutions for fraud prevention, consumer financing, debt collection, skip tracing and background screening. MicroBilt provides access to over 3 billion debit account records, nearly 30 billion pieces of demographic and public record data and over 100 million unique consumer records to prevent identity fraud, evaluate credit risk and retain customer relationships. With its PRBC® Consumer Report with the FICO® Expansion® Score
and its unique, proprietary non-traditional lending data, MicroBilt is the leading provider of alternative credit data to businesses that want to offer credit and other financial services to the over 100 million underserved consumers in the United States.