There's a growing population of people with fluctuating income.
Individuals such as self-employed or gig economy workers may have fluctuating income, or income from multiple sources.
They’re often prejudiced by traditional income verification processes.
At best, they’re forced to verify income manually with pay stubs or bank statements. At worst, they’re unable to access credit altogether.
Get a reliable and straightforward view of your customers’ income
Track historical income, predict future income and review income stability or income shock indicators.
At Bud, we provide a reliable and straightforward means of seeing an individual’s complete monthly income.
Accelerate decision making
Reduce application processing costs by using Assess as an alternative to cumbersome review of paperwork and outdated or inaccurate credit reports.
Offer appropriate products to applicants based on their true financial profile to limit delinquencies.
Grow your loan portfolio
Responsibly lend to those with unusual income patterns who may find it challenging to access credit elsewhere, supporting those in need while widening your sales funnel.
Don't take our word for it
“By implementing Bud's open banking service, we have been able to stay true to our promise of being a customer-centered brand that supports a streamlined approach to lending. Open banking allows us to consider our customers’ welfare and creditworthiness at a more sophisticated level and this is something that we are proud to be able to offer as a responsible lender.”
See how Assess works throughout your lending process
Improve conversion rates using aggregators and comparison sites.
Support struggling customers.
Better than credit scoring.
Identify newly eligible or vulnerable customers.