Anonymised data helps us better understand the risk profile of credit union borrowers. Information on topics such as County Court Judgments (CCJs) benefits credit unions because they can benchmark applications, understanding decisions against country-wide trends. The data set on CCJs is … Read More about Lending insights: County Court Judgments
NEW FEATURE: Pinpoint repayment problems instantly
New feature: Display and organise credit accounts according to their status: Active, paid, missed payments and defaults. Benefits: Faster assessment of repayment problems. Easy to identify trends. Credit reports take a long time to read. Lots of different creditors displayed in no particular … Read More about NEW FEATURE: Pinpoint repayment problems instantly
Mobile phone defaults: not always a bad thing?
There have been dozens of stories in the press about lost mortgage offers because of defaults on mobile phone contracts. Dreams of home-ownership in tatters. Or a higher price and fees via a broker await. Defaults are one of the most common reasons for refusing a home loan. And these marks stay … Read More about Mobile phone defaults: not always a bad thing?
Case Study – Castle & Crystal Credit Union
We were thrilled to enrol UK Midlands-based Castle & Crystal Credit Union as an early adopter of our Decision Engine in July 2018. Making better decisions The Decision Engine means that applicants now get a decision within seconds of hitting the Apply button. Meanwhile, the credit … Read More about Case Study – Castle & Crystal Credit Union
Announcement: NestEgg Joins The Finance Innovation Lab!
We are delighted to announce that NestEgg has been selected for the 2019 Fellowship Programme at the Finance Innovation Lab. We are now working with the Lab to create a more democratic, responsible and fair financial system. Fellows are selected on the basis of their potential to positively … Read More about Announcement: NestEgg Joins The Finance Innovation Lab!
Are You In Control Of Your Credit?
Are you are getting turned down for loans? Getting charged too much for borrowing? Your credit score might be too low. However, the full picture is more complicated. You’re not in control of your financial identity Your financial identity (also known as your credit profile) determines whether you … Read More about Are You In Control Of Your Credit?