Back to integrations SparkLMS servicing loan software Third Party Integration with factortrust

FactorTrust provides alternative credit data, analytics and risk scoring information that lenders need to make informed decisions about the consumers they want. The company, now a part of TransUnion, is relentlessly dedicated to “more” through proven analytics and clean credit information to lenders.

SparkLMS integrates with the best breed of third-party solutions in the Lending Eco-system to run a lending portfolio easily and profitably. FactorTrust + SparkLMS integration will allow lenders to score their leads in real-time to mitigate risk and to make informed decisions prior to lending a customer.

FactorTrust has multiple solutions that can be used independently or as a package based on the needs of a lending portfolio.

What it does

With this integration, lenders will be able to

  • Validate a consumer’s identity
  • Analyze employment and income data of a consumer
  • Evaluates consistency of consumer provided information
  • Perform IP intelligence and address cross match with home and work addresses.
  • View consumer debit information
  • Perform Bank Account Verification
  • Get a detailed view of consumer bank transactions
  • A single platform for all the scoring / decisioning needs


  • Lower the first payment defaults
  • Improve the underwriting cost per loan
  • Reduce fraud
  • Mitigate risk prior to lending to a new customer
  • Add new intelligence for regulatory compliance
  • Ensures consumer compliance with OFAC & Patriot Act


After on-boarding your lending portfolio on SparkLMS, you must set-up an account with FactorTrust. We will guide you through the entire process of setting-up FactorTrust in your instance of SparkLMS.

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