Tink Loans provides access to harmonized and standardized loan data for financial institutions. This allows for a comprehensive understanding of a user's financial profile, including their existing liabilities. The software enables businesses to analyze loan arrangements to make informed decisions regarding loan consolidation or counter offers, ultimately growing their share of wallet. Key benefits include improved risk assessment for creditworthiness, enhanced customer experience through convenient access to loan information and opportunities for consolidation, and the ability to offer better loan deals based on up-to-date data. The software facilitates a more holistic view of customer liabilities, leading to more accurate risk assessments and reduced risk for the lending institution. By offering a comprehensive view of users' loans and enabling consolidation in one place, businesses can build stronger customer relationships and loyalty. The streamlined access to data eliminates manual tasks, improving operational efficiency and creating a more convenient customer experience. The data provided is up-to-date, cleaned, and standardized, ensuring that businesses can extract valuable insights and make data-driven decisions.

Features

Access User Loan Liabilities

• Gain insights into a user’s existing liabilities for a complete financial profile.
  • Complete financial profile understanding.
  • Informed decision-making for loan offers.

Loan Consolidation & Counter Offers

• Analyze loan arrangements to create consolidation or counter offers.
  • Grow share of wallet.
  • Improve customer retention.

Harmonized Loan Data

• Receive up-to-date, cleaned, and standardized loan data.
  • Extract real value and insights.
  • Data-driven decision-making.

Improved Creditworthiness Assessment

• Access loan data for a more holistic view of customer liabilities.
  • More accurate risk assessment.
  • Reduced risk for lending institutions.