Consumer Basic Report
Accurately assessing both customers’ affordability and suitability are essential requirements for all lenders who wish to extend credit responsibly whilst minimizing their risk exposure. It is therefore strategic for lenders to make accurate assessments of a customer’s ability to repay debt in both the short and longer term.
Demographic history and credit classification status
The Basic Report (Consumer) contains the basic credit history of company/individual with present outstanding amount, the type of facility & institution that granted the facility.