Click2Check has announced the signing of two new advisory practices for its ‘Credit Assess’ product.

Credit Assess is a white-label online solution for mortgage advisers to obtain credit scores, reports and bank statements in order to help pre-qualify clients.

The fintech company formally launched the product in May after six months of piloting, and suggested a growing number of advisory practices have now signed up since – which now includes Just Remortgages and Charwin Private Clients.

The tool allows advisers, with a consumer’s consent, to access their online credit score and digital report, while using Open Banking technology to deliver bank statements in minutes – enabling advisers to analyse a consumer’s affordability and risk for lending.

Click2Check director, David Jones, commented: “Following last month’s launch of Credit Assess we are very pleased to be announcing two new sign-ups from sizeable advisory firms who will be utilising the product throughout the business.

“From feedback we’re already receiving from firms using the service, we know this is greatly cutting down on their administration burden while ensuring they are working much more efficiently. We’d like to welcome both Just Remortgages and Charwin Private Clients to the Credit Assess ‘stable’ and to urge other firms to review what Credit Assess can do for their business.”
 
Just Remortgages director, Danny Planner, said: “Speed of access to a client’s credit file is of paramount importance in this fast-changing mortgage market. Credit Access not only provides a quick PDF or electronic version of a client’s credit file through Open Banking, it also allows full access to the client’s last three months’ bank statements.”

Charwin Private Clients director, Ranald Mitchell, added: “Instant availability of credit bureau data and bank statements has vastly improved our operating output allowing for more client engagements and should be regarded as an essential for brokers in 2020. The Credit Assess team have done a great job in the development of this product which in time, will become an industry standard.”

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