Clear Payday Tradeline™

Clear Payday Tradeline™ is specifically designed to identify credit risk and is the next product in Clarity’s natural progression of trade line reports focused on a subprime consumer’s payday loan history.

What is Clear Payday Tradeline™?

Complete Payday Loan History: Utilizing comprehensive ACH performance data, Clear Payday Tradeline™ provides lenders with a predictive frequency matrix detailing consumer payday loan transaction patterns. Engineered from Clarity’s powerful Clear Tradeline™ report, Clear Payday Tradeline™ provides the real-time trade line information necessary when making lending decisions.

Clear Payday Tradeline™ Features

• A weighted lending risk score and set of reason codes for less than perfect scores.
• Reported trade line activity presented in the industry standard Metro II format.
• Complete payday loan history that includes: cumulative loan funding, payoffs, payments, and failed payments.