Cash Atlas™ by Nova Credit
Cash Atlas™ by Nova Credit
Cash Atlas™ by Nova Credit
Nova Credit's Cash Atlas™ analyzes bank transaction data to provide lenders with a complete risk profile to provide stronger insights into a consumer's affordability and ability to pay.
Nova Credit's Cash Atlas™ analyzes bank transaction data to provide lenders with a complete risk profile to provide stronger insights into a consumer's affordability and ability to pay.
Overview
Cash Atlas by Nova Credit analyzes bank transaction data to assess a consumer's affordability and ability to pay. It addresses the two-to-three month lag in traditional bureau reporting, serving the roughly 150 million credit-eligible U.S. consumers whose current position a stale credit file describes poorly.
Cash Atlas™ by Nova Credit
Nova Credit is a credit infrastructure and analytics company that enables businesses to grow responsibly by harnessing alternative credit data.
The Cash Atlas™ solution serves the 150 million U.S. consumers who are credit-eligible and want to receive a more accurate, up-to-date picture of their credit history. Traditional credit bureau reporting can lag ~2-3 months behind and doesn't always show a complete picture for credit applicants. Our leading cash-flow underwriting solution helps expand credit opportunities without increasing risk for lenders.
Use Cases
Underwrite on current cash flow rather than bureau data that may be two to three months stale.
Assess affordability and ability to pay directly, not by proxy through a score.
Expand approvals among credit-eligible consumers whose files understate their present position.
Recheck a borrower's cash position at renewal or limit increase.
Overview
Cash Atlas by Nova Credit analyzes bank transaction data to assess a consumer's affordability and ability to pay. It addresses the two-to-three month lag in traditional bureau reporting, serving the roughly 150 million credit-eligible U.S. consumers whose current position a stale credit file describes poorly.
Cash Atlas™ by Nova Credit
Nova Credit is a credit infrastructure and analytics company that enables businesses to grow responsibly by harnessing alternative credit data.
The Cash Atlas™ solution serves the 150 million U.S. consumers who are credit-eligible and want to receive a more accurate, up-to-date picture of their credit history. Traditional credit bureau reporting can lag ~2-3 months behind and doesn't always show a complete picture for credit applicants. Our leading cash-flow underwriting solution helps expand credit opportunities without increasing risk for lenders.
Use Cases
Underwrite on current cash flow rather than bureau data that may be two to three months stale.
Assess affordability and ability to pay directly, not by proxy through a score.
Expand approvals among credit-eligible consumers whose files understate their present position.
Recheck a borrower's cash position at renewal or limit increase.
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