Access alternative credit data from utilities, telecom and cable providers to make more informed lending decisions
Urjanet provides consumer-permissioned utility data from thousands of utility, telecom and cable providers worldwide. By integrating alternative credit data from Urjanet into your credit modeling process, you can safely extend credit to millions of new applicants.
Enhance your scoring models with alternative credit data
Gain deeper visibility into your decline traffic with automated access to consumer and business utility, telecom, and cable bills. With alternative data for credit scoring, your business can open up new revenue streams, mitigate risk, and close the lending gap.
Shed light on credit invisibles
Assess creditworthiness of thin and no file applicants using direct-from-source data across 7 tradelines. Gain deeper visibility into their payment behavior and make more informed lending decisions.
Uncover new revenue
Qualified applicants are hidden in your decline traffic. With accurate, reliable alternative data for credit scoring, you can turn decline traffic losses into revenue wins.
Gain a competitive edge
The call to expand credit access is increasingly competitive. Be among the first to leverage alternative credit data and reach emerging markets.
Get up and running quickly
We make it easy to integrate direct-from-source utility, cable, and telecom data into your credit modeling process with meticulously designed APIs and a set of rich, pre-built UI components.
Drive rapid decisions
You’ll be up and running quickly with up to 12 months of payment history to drive rapid lending decisions. Download alternative credit data and PDF bill images directly from the Urjanet Console. Or, set up an automated data feed into your credit risk models through an API integration.
Smoothly integrate alternative credit data into your credit modeling process with an API integration. You design and control the entire user experience, sending data requests directly to Urjanet. We retrieve and deliver data back to you within minutes.
Use the Urjanet Connect UI toolkit to rapidly and securely link customers’ utility, cable, and telecom accounts. Get identity and payment history on demand – no development resources needed. Simply embed our iFrame code into your customer experience, or use our optimized landing page.
Driving innovation with alternative data for credit scoring
eCredable redefines credit reporting with Urjanet utility & telecom data.
eCredable, an alternative credit bureau, aims to help the nearly 50 million Americans without traditional credit scores gain access to affordable financial services. Through the Urjanet platform, eCredable customers can link their utility and telecom accounts to their eCredable file and receive a verified credit score.
“We have an opportunity to redefine credit reporting for hundreds of millions of consumers. With Urjanet, we can do that.”
Alternative credit data refers to non-traditional financial data such as utility payment history, employment records, and rental records.
Traditional credit scoring models have left millions of consumers underbanked. User-permissioned utility payment history as a source of alternative credit data can provide more context on an applicant, allowing you to make more informed decisions. The Center for Financial Services Innovation finds that utility bill payments are among the most reliable alternative data sources used in credit modeling and risk management.
The Urjanet Utility Data Platform captures and delivers data from our global network of utility providers through user-permissioned utility account access. Once an end user links their utility account to the Urjanet Utility Data Platform, our technology is able to programmatically access detailed payment data and PDF copies of bills directly from the utility’s customer portal. Click here to learn more about our tools for linking utility accounts.
Alternative credit data is made available through our API and portal within minutes of linking a utility account.
Urjanet will retrieve up to 12 months of historical payment data including name, address, statement date, due date, amount due, recent payment amount, and recent payment date. This data can be incorporated directly into your credit scoring and lending model.
No – we provide the data from a utility bill that can be used to make a credit decision.
Data is made available via API, or may be viewed and downloaded in a CSV file from the Urjanet Console.
No – Because Urjanet is completely user-permissioned, there is no repository of data to retro-test against. Urjanet offers quick start options that enable you to start collecting and testing utility data in minutes, with little to no development needed. Click here to learn more.
Yes. As part of our solution, we provide a copy of the original data source (typically a PDF copy of the bill) for auditing purposes. If any consumer inquiries arise, we will work closely with your team to handle them. Inquiries about FRCA compliance can be submitted to firstname.lastname@example.org.
Access to the Urjanet Utility Data Platform is secured by a combination of network security and authentication requirements, ensuring that only authorized personnel have access. Sensitive data is stored encrypted at rest using AES-256 encryption. Data is transferred both inside and outside our platform using SSL/TLS, SSH, and SFTP.
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