Credco Credit Reports
The most widely accepted credit reporting solution
Where credit transparency meets lending confidence
Credco Credit Reports are an industry staple, seamlessly integrated with over 60 top loan origination systems and point-of-sale platforms. Our prequal, tri-merge, and non-traditional options are backed by powerful data analytics, compliance tools and fraud protection, ensuring you get the reliable insights necessary to make confident lending decisions while significantly streamlining the underwriting process.
Additionally, we are the initial inventor and patentee of the tri-merge credit report, which provides a comprehensive view of a borrower's credit history, combining information from all three credit bureaus into one report, offering lenders a complete picture of creditworthiness.
Protect your leads, prevents poaching
A soft credit pull, unlike a hard inquiry, allows you to have upfront conversations to determine if the potential borrower meets credit thresholds before investing in time and expenses downstream.
Reduce cost and loan fallout
With our cascade model, you can transition between products based on custom triggers. For example, you start with Identity Verification and cascade to a one-bureau report. The borrower doesn't qualify, you cascade to a tri-merge report.
Assess borrowers, mitigate risk
Mitigate your chances of loan fallout by assessing the creditworthiness of potential borrowers early in the process with a Prequal report. By using this report, you can determine what they may need to adjust before initiating the loan.
Protect your leads, prevents poaching
A soft credit pull, unlike a hard inquiry, allows you to have upfront conversations to determine if the potential borrower meets credit thresholds before investing in time and expenses downstream.
Reduce cost and loan fallout
With our cascade model, you can transition between products based on custom triggers. For example, you start with Identity Verification and cascade to a one-bureau report. The borrower doesn't qualify, you cascade to a tri-merge report.
Assess borrowers, mitigate risk
Mitigate your chances of loan fallout by assessing the creditworthiness of potential borrowers early in the process with a Prequal report. By using this report, you can determine what they may need to adjust before initiating the loan.
Trended Credit Data initiative
Per the Fannie Mae® Trended Credit Data initiative, we deliver 24 months of historical data on borrower credit payments, including effective date, current limit, current balance, high balance, scheduled payment, and actual payment amount.
Uncover the full picture behind every credit report
Obtain a current and balanced representation of your borrower’s credit history. Only the most up to date tradeline information appears on the report, giving you a more complete picture of your client’s credit history.
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Alert protection
Real-time monitoring of consumer credit activity throughout the loan process from initial credit pull to closing.
Recheck reassurance
Provides fast, permanent updating of national repository records – and an updated FICO score – so you can respond faster with the right loan products for your clients.
Supplement when needed
Access additional details on an applicant's report to resolve alerts or inconsistencies.
Configurable
PreQual, Preapproval and Home Equity specific options are available.
60+ years
of being the pioneer and continued market leader in credit reporting
80+
loan origination systems and point of sale platforms have reports available on them
99.9% uptime
of our systems, means you get access to the most innovative credit reporting solutions in the industry, reliably and with confidence
FAQ
How can I contact Credco Consumer Assistance?
In addition to providing information to lenders in support of their decision-making, we also maintain a Consumer Services Department to take questions and resolve inquiries from consumers. Please visit us at https://www.cotality.com/legal/credco-consumer-assistance to know more.
