Equifax Open Banking Income and Expenditure Assessments improve the way income and expenditure is assessed by using current account data insights to more accurately measure affordability and identify vulnerability. By enabling automation of an often onerous process for your customer, we can help you reduce the time and operational costs associated with creating an income and expenditure assessment by categorising your customer's current account data in line with Standard Financial Statement (SFS) format. Offering insights to help you put in place more affordable debt repayment plans and create a quicker path to debt resolution.
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