Clarity Services, Inc., the leading real-time credit bureau providing fraud detection and credit risk management solutions for Middle America, is launching its newest product, Clear Income Attributes™. With exclusive and proprietary data available only from the Clarity system, Clear Income Attributes™ is intended to assist financial service providers in determining the stability of a consumer’s income, employment, and housing.
“At Clarity, we carefully examine and analyze all available data and deliver powerful and predictive products,” said Lan Luangsouphom, director of product management at Clarity Services. “We are on the cusp of releasing a game changer when it comes to determining a consumer’s ability to pay and Clear Income Attributes™ kicks off this evaluation process by delivering valuable and examined income, employment, and housing data elements to lenders.”
Clear Income Attributes™ works as a validation tool that examines reported net monthly income over 90 days, 180 days, and one year as well as valuable insights that can help determine how long an applicant has lived at their address and has been employed. This product meets the demands of having a consumer’s evaluation process in place, which supports lenders in taking that first ability to pay evaluation step.
Clarity’s Clear Income Attributes™ is available now. For more information on Clear Income Attributes™ and how to integrate with Clarity, contact us today.