Affordability - A Practical Guide for Lenders

08 Jul 2019
Date submitted
08 Jul 2019
Resource type
White paper
File type
pdf PDF file (1.04M)
In this eBook, The ID Co. guide lenders in what is required in assessing affordability. Traditionally this has been done using CRAs. But is there a more efficient way of understanding an applicants suitability for a product? We discuss whether the use of Open Banking and bank data can provide all the information a lender requires.
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