Credit Score Batch Soft Pulls

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Plus your credit union negotiated credit bureau fees

This is the ability to pull a batch of soft credit scores on your entire membership, an age range, or on just those members with active loans. The soft credit score batch pull will help your staff by providing a score to determine what products your members would most benefit from.  if you wish to also display these scores to your members in online banking or the mobile app, you must choose one of the VantageScore models.  This service is only available through Transunion at this time.

Overview

Simply said, credit score soft pulls give you the most up-to-date credit score for your members. With current credit scores, you can more effectively target members who qualify for a better offer at your credit union, thereby increasing your “loan steal” opportunities.

Current scores also help you offer a more competitive rate to people who might not have A or B credit, but who otherwise have acceptable risk. This will help you reach out to a pool of new loans at your credit union.

How It Works

We will query your database and send off the data to the credit bureau. When we receive the scores in return, we upload the member information and show you where each member floods to in CU*BASE and your dashboards.

This service will auto-renew until you choose to cancel it, so you don’t have to worry about keeping up on your member scores.

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