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DecisionLogic Surpasses 10 Million Customer Mark

San Diego Company Guides Customer Finance Business with Real-time Electronic Transactional Data That Renders the FICO Score Obsolete

SAN DIEGO–( COMPANY WIRE )–DecisionLogic, a FinTech leader in bank verification, has established so it has surpassed the 10 million consumer mark. DecisionLogic’s clients consist of vendor loan providers, home loans, real-estate agents, payday and money installment loan providers, stores, customer finance businesses and finance institutions in Australia, Canada, uk, united states of america and New Zealand.

DecisionLogic is a bank that is advanced Software-as-a-Service (SaaS) platform allowing loan providers to immediately confirm a possible borrower’s banking information on the internet and in real-time. Past options for performing https://personalbadcreditloans.net/reviews/avant-loans-review/ this method created many dilemmas for the loan provider and debtor, including inconvenience, wait, inaccuracy and fraudulence. DecisionLogic originated this technology having a objective to boost asset verification for the customer and service that is financial, enhancing the monetary industry all together and producing possibilities for a big part of the people to get into economic assets that could be therefore critically vital that you their wellbeing.

“DecisionLogic’s fresh, real-time transactional information leads the way in which given that economic industry learns to go beyond the original ‘dinosaur’ FICO credit history,” said David Evans, president of DecisionLogic. “We give consumers an easier way to retake ownership of their monetary ‘report card’. Customers and loan providers appreciate that people can offer understanding of a borrower’s financial profile that reports current realtime banking history, work and investing. FinTech should democratize the consumer’s role within the monetary industry. In place of depending on a credit file that may penalize a debtor for the belated charge card re payment from 5 years back, loan providers desire to look at the borrower’s up-to-the-minute financial situation – whether the debtor is a person or small company.”

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