Consumer Purpose Credit Reports

Support your full range of consumer lending products with versatile credit reports that adapt to various loan types.

Flexible Credit Solutions for All Your Lending Needs

Financial institutions today offer more than just mortgages. SettlementOne’s Consumer Purpose Credit Reports provide the flexibility to support your entire consumer lending portfolio – from personal lines of credit to home equity products and credit cards. One platform, one integration, multiple lending solutions.

These versatile reports deliver comprehensive credit data formatted for various lending decisions while maintaining the accuracy and speed you expect from SettlementOne. Whether you’re evaluating a small personal loan or a major home equity line of credit, our consumer purpose reports provide the insights needed for confident decisions.

Key Features

Multi-Product Support: Optimized for auto, personal, HELOC, and credit card decisions
Flexible Scoring: Access to industry-specific scores (Auto FICO, Bankcard scores, etc.)
Custom Data Fields: Configure reports to show data most relevant to each product
Risk-Based Pricing: Built-in support for adverse action and risk-based pricing notices
Portfolio Analytics: Aggregate reporting for portfolio management decisions

How It Works

Our consumer purpose reports adapt to your specific lending needs. Simply specify the loan type when requesting a report, and our system automatically configures the output to highlight the most relevant information. For credit cards, view revolving credit utilization patterns and payment behaviors. All from the same integrated platform you use for mortgage lending.

Use Cases

Cross-Selling Opportunities:

When mortgage clients need other financial products, seamlessly access appropriate credit reports without switching systems.

Full-Service Lending:

Support community banks and credit unions offering comprehensive consumer lending from a single credit platform.

Portfolio Diversification:

Easily expand into new lending products with credit reports that adapt to different underwriting requirements.

Why SettlementOne

While many providers force you to use different systems for different loan products, SettlementOne provides true flexibility in a single platform. Our consumer purpose reports leverage the same reliable infrastructure and bureau connections as our mortgage products, ensuring consistent quality across all lending types. This unified approach reduces training needs, simplifies vendor management, and improves operational efficiency.

Keep Every Loan Moving Forward

SettlementOne empowers lenders with trusted credit and verification solutions that simplify workflows and reduce borrower risk so you can focus on closing with confidence.

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