Obtain a wider view of a consumer’s credit profile to determine creditworthiness.
Responsible lending is a top priority, so having the ability to monitor consumers’ missed payments, significant total balance changes, new county court judgments (CCJs), bankruptcies and Cifas filings on a daily basis is a major asset.
CallMonitor does just that — helping to keep your bottom line safe and protect consumers from over indebtedness.
This easy-to-use tool allows organisations to monitor their SHARE submission portfolio. Additionally, CallMonitor sends triggered daily alerts when changes to a customer's credit profile occur, providing the necessary information to more accurately assess risk and make speedy transactional or credit risk decisions within a fluid framework.
Watch our short video to learn how lenders use daily alerts, along with a proactive contact strategy, to manage potentially vulnerable customers before they slip further into debt.