Third Party Integration with TransUnion

SparkLMS best loan origination software Third Party Integration with TransUnion

TransUnion is a global information and insights company that provides credit reporting, risk management, and information solutions to consumers. It offers various features, such as fraud alerts, credit freezes, and credit disputes, which help lenders with credit planning.

SparkLMS Payday Loan Software integrates with the best third-party solutions in the lending ecosystem to run a lending portfolio efficiently and profitably. SparkLMS + TransUnion integration will allow lenders to assess applicants' creditworthiness, evaluate their repayment history, and make more informed lending decisions.

What it does

With this integration, lenders will be able to:

  • Access borrowers' credit reports easily and quickly within SparkLMS.
  • Verify loan applicants' identities using TransUnion's identity verification solutions.
  • Assess the risk associated with each loan application based on credit data and financial information.
  • Detects and prevents fraudulent loan applications and transactions using TransUnion's fraud detection services.
  • Compliance with regulatory requirements, such as KYC, MLA, and AML, through automated compliance management.
  • Streamline operational processes by automating credit reporting, identity verification, and compliance tasks within SparkLMS.


  • Improved accuracy in assessing borrowers' creditworthiness and risk profiles.
  • It has enhanced security and fraud prevention measures to protect against identity theft and fraud.
  • Streamlined lending processes through automation and integration of credit reporting and identity verification.
  • Reduced risk of penalties and fines.
  • Proper allocation of resources by focusing efforts on legitimate loan applications and minimizing fraud risks.


After onboarding your lending portfolio on SparkLMS auto lending software, you must subscribe to TransUnion's membership. We will guide you through setting up TransUnion in your instance of SparkLMS digital lending solutions.