Credit Reports
Sub-Prime Reports
Verify Applicant
Driver's License Search
Employment Verification
OFAC Patriot Act Search
NADA Vehicle Pricing
Indirect Lending
Web Application
Automotive;   Decisioning;   Prescreening

DRIVE application requirements for multiple programs.  LOWER credit bureau fees by DISQUALIFYING applicants first.  ENFORCE application requirements, ELIMINATE falsified applications and PREVENT fraud.

  View Decision Table Sample

What are the benefits of prescreening?
Fraud and falsified information are major problems in lending today. Prescreening allows your business to prevent these types of problems with the latest in verification and fraud prevention tools. Prescreening is also a great cost reduction tool. Disqualifying applicants early saves time and reduces credit bureau fees.
How does prescreening work?
  1. The application data is checked against set requirements, e.g., age or income.
  2. Application data, e.g., bankruptcy or foreclosures, is verified with on-line databases.**
  3. Names, social security numbers and addresses are checked for fraud and screened against the OFAC database**
  4. If all prescreening rules pass, the application is submitted and then decisioned.
  5. If prescreening fails, a failure message is returned and the process stopped

Prescreening Rules
Type Rules

Application Data

Application Data prescreening rules allow you to establish set requirements for new applications. Every application is checked against these rules before submitting. The following are application data rules that can be set up.

Verification Databases

In addition to setting requirements for application data, the same application data can be against national databases for bankruptcies, liens, judgments and it is also important to validate information like bankruptcy history against national databases. and an to check the OFAC database for known criminals and terrorist. All industries are required by law to check applicants against OFAC.

How do I setup Prescreening?
  1. If you already have a decision table setup, skip to step 10
  2. Go to My Account
  3. Select Decision Tables
  4. Click Add New Decision Table
  5. Enter a Name for your new Decision Table
  6. Click the Prescreening Level
  7. Enter a Failure Message to display when prescreen fails
  8. Populate the rules you want to require and verify on application entry
  9. Click Save
  10. Go to My Account
  11. Select Access Codes
  12. Select the applicable Access Code
  13. Select Automated under the Decision Table section
  14. Select the decision table previously set up
  15. Click Save
Return to Top