Universal Credit Services has partnered with CreditXpert to offer our clients innovative solutions to help close more loans by improving your applicant’s credit score.
CreditXpert Inc. provides innovative software solutions that analyze credit report data to uncover opportunities for improvement and the resources to remedy discrepancies and increase credit scores. CreditXpert services are supported by industry analysts, scientists, and software engineers who understand credit data from all three credit bureaus as well as predictive modeling and expert systems.
With Universal Credit Services and CreditXpert you will have more options when looking to gain a better rate, satisfy underwriting issues, improve your applicant’s credit rating and ultimately close more loans.
- Credit Radar
- What-if Simulator
- Rapid Rescore
- Credit Analyzer
Credit Radar™ is a concise summary page attached to each credit report allowing lenders to review applicants at a glance before digging into credit file details. Instantly size-up your loan applicants, create individual needs analysis and organize your calendar to effectively manage your entire workload.
Now available on Meridian Link systems
Click here to view Credit Radar testimonial
Credit Analyzer: Essentials
Credit Analyzer: Essentials breaks down an applicant's credit and identifies top positive and negative factors, as well as their related tradeline data to determine what variables impact credit rating. Credit Analyzer: Essentials helps to focus efforts on improving an applicant's credit worthiness to gain favorable underwriting.
Eliminate the guess-work with the most powerful credit score simulator that includes predefined scenarios and individual strategies for flexibility, ease of use and score optimization. The Credit Xpert What-If simulator helps you make informed decisions to uncover new opportunities. These what-if scenario research tools allow you to rely on the systems predictive capabilities instead of relying on intuition or speculation. Determining what the applicant can realistically do and what benefits would be attributed to each of their actions creates the optimal score scenario every lender needs.
As one of the most widely used tools in our arsenal the What-if simulator can predict the result of any change to the credit score before advising the borrower on what should be done. Any of the following actions will impact an individual’s score:
- Add or delete tradelines
- Reduce balances on revolving accounts
- Increase revolving credit card limits
- Change or delete delinquencies
- Transfer revolving balance
- Pay off accounts
Knowing which specific action will have the greatest result to move the borrower into an approval status or a more favorable rate is invaluable in today’s competitive market.
Raising credit scores for your applicants has never been faster (48-72 hours) or easier. Universal Credit Services can detect hidden credit errors that may appear on your customer’s file and suggest fast, easy financial solutions to increase their score. Our customer service staff will personally review the applicant's file, highlight specific score altering items and suggest action for immediate and long-term score improvement.
Real world suggestions like, “Pay off $400 Visa account will add 17 points to your score”, can be the difference between approval or a decline in any lending environment.
Credit Assure scans a borrower's credit report for accuracy and credit management opportunities and then presents the best result for each bureau and each borrower. The accuracy scan searches for inaccurate (incorrect, outdated, or missing) information that, if updated, will likely increase the credit score. The credit management scan searches for the best combination of pay downs, balance transfers, and opening accounts to increase
the credit score.