Credit Bureau APIs - From Phone and Name
Signzy’s Bureau API: Simplifying Credit Checks
The Signzy’s Bureau API empowers businesses to seamlessly integrate credit check functionality into their platforms. Whether you’re a financial institution, or service provider, this API streamlines the process of accessing credit information securely. Let’s delve into why you should choose Signzy’s Bureau API:
1. Convenience and Security
- Embed Anywhere: With Signzy’s Bureau API, you can effortlessly embed credit-sharing services directly on your websites and mobile apps. Users get one-click access to credit reports right where they engage with your business.
- Passive Authentication: Signzy’s Bureau API doesn’t collect an explicit consent from your users. It can be seamlessly integrated at any point in your customer journey.
- Data Security: Your customers can trust the security of their credit data. Signzy is infosec compliant.
2. Value for Your Customers
- Soft Inquiries: Offer soft inquiries that don’t impact credit scores. Customers can explore their credit health without worrying about negative effects.
- Seamless Experience: Deliver secure credit access without redirecting users away from your site. Stand out from competitors by providing an intuitive, user-friendly interface.
3. Customizable Integrations
- Multiple Product Options: Signzy’s Bureau API offers various integration options. Choose what fits your unique business needs, whether it’s identity verification, credit sharing, or historical credit account level information.
4. Expert Support
- Signzy Experts: Rely on a team of Signzy experts who understand credit reporting intricacies. They’ll assist you in implementing and optimizing the API.
FAQs
- What is a Credit Score? A credit score is a numerical summary of your credit report, indicating the likelihood of future delinquency on credit obligations.
- Is Signzy a registered partner with Bureau? Signzy’s specified user licence with Bureaus grants you the ability to seamlessly access credit details from them
- Why some of my users do not have a credit score? Without sufficient credit history, credit scoring models cannot generate a score. If your users have not taken a credit before or do not have sufficient credit history, the API will not be able to share a credit report for those users.
- What are score factors? Score factors explain how items in your credit report influenced your credit score. There are multiple factors which influence a users credit behaviour and the final score is derived from all those factors
- How often do credit scores change? Credit scores update as new information is added to your credit report.
- What is a good credit score range? Good credit scores vary by model, but a good Credit score likely indicates a good score with lenders.
- What is the range for Signzy’s Bureau Score? Signzy’s Bureau score ranges from 300 to 900, with higher scores indicating lower credit risk.
- What information calculates a credit score? Account information, and inquiries contribute to a credit score.
- Will rate shopping hurt my credit score? Signzy’s Bureau API makes a soft pull inquiry and hence these inquiries are not registered with Bureaus.
- Do all lenders review all three credit agency reports and scores? Not always; some may only use one or two agency reports and scores. Signzy offer credit bureau report from all bureau. So our clients have a choice between the bureau reports they want to run.