Completion Rate Performance Update | Credit Sense delivers in the market’s most valuable months

By Jake Osborne | Credit Sense


As the consumer credit market is focused on its busiest time of year, Credit Sense delivers with a high-performing, reliable, and stable bank statement solution.


Let’s Discuss Performance First

Throughout December and January, Credit Sense improved as the market faced ongoing issues with connectivity.

Reliability, stability, security, and the highest completion rate possible. When our clients experience higher application volumes, they rely on us not to fumble. 

Our core solution saw an overall improvement in completion rates with steady results across the big four banks. 

 


How do these numbers impact you?

High-performing bank statement solutions can increase your revenue by 21%. 

We know that every application counts, and Credit Sense is committed to ensuring maximum value to our clients so that you can stay strong when you need us the most. 

With over 200 lenders and brokers relying on us, we measure our performance by their outcomes. Below is a comparison table that highlights the value a high-performing bank statement solution can provide to your business. 

Measurable Metrics

Under-Performing Solution

Credit Sense

Number of applications 1,000 1,000
Percentage of successful bank statement pulls 75% 91%
Approval rate of assessed applications 10% 10%
Revenue Per Loan $500 $500
Completed Application 750 910
Funded Loans 75 91
Revenue $37,500 $45,500

Feel like you should be getting more from your bank statement provider?

We provide our clients with the highest level of support to achieve better outcomes, and make a seamless transition to our platform focused on minimising disruption and maximising results.

Reach out to Credit Sense to discuss further.

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