Extend Credit to a World of New Customers
Each year, two million newcomers to the U.S. and over 280 million newcomers worldwide have to abandon credit history that's locked in their home country. Credit Passport® opens access to international consumer-permissioned credit data to help lenders serve this market, building loyal customers for life.
How Credit Passport® Works
Create a fully branded API experience for your customers. With a few simple steps, we can instantaneously translate an international credit report into an local-equivalent credit score; tradelines; risk attributes; and other common measurements.
The creditseeker follows the country-specific instructions to grant access to their international credit data.
After authentication, we send the data to you and to the customer simultaneously, in a standardized format.
Credit Passport® makes decisioning easy with a local equivalent credit score and other metrics that are familiar to lenders.
Why Credit Passport®
Increase Originations Profitability With Confidence
On average, individuals who use Credit Passport® have a prime credit score that’s at least equivalent to an American consumer.
Improve Risk Assessment for International Arrivals
International credit data translated to a local equivalent format helps lenders assess credit risk for consumers with little to no local credit history.
Build Brand Loyalty Through Financial Inclusion
Addressing a consumer segment that’s underserved by financial products and services helps build brand equity over the long term.
A Multi-Industry Solution
We empower banks, credit unions, and lenders to make more informed financial decisions.
Learn more about our Solutions by Vertical and Solutions by Use Case
Banks, credit unions, and fintech companies can offer competitive terms on credit cards, installment loans, and more.
Property managers can run credit checks on non-citizens to minimize risk and improve the tenant screening process.
Direct and indirect loan companies can extend the reach of auto financing.
Communications companies can offer more post-paid telecom plans and services.
Get easy access to consumer-permissioned credit and bank transaction data through our best-in-class module.
NovaConnect: A conversion-optimized module embedded seamlessly in digital applications
NovaDashboard: A UI for lenders to send invites to consumers to provide their foreign credit report
Connect API: An endpoint to build custom consumer-permissioning modules
Credit Passport® Reports
We standardize international credit data into formats that are recognizable to domestic underwriters:
Local equivalent credit score
Tradelines and payment history
Aggregate risk attributes
Additional data: employment history and more
FCRA consumer report with adverse action codes and dispute resolution management
Global Supply Relationships
Our integrations with international credit bureaus enable access to up to 2 billion credit records in more than 20 countries. Among our partners:
Resources & insights
Let’s Grow Your Business Together
Submit your information and a member of our team will be in touch. about how we can grow your business together.