FAQs KreditCheck B2C with Loan Validator

KreditCheck B2C Loan Validator is an extension of KreditCheck B2C that allows financial institutions not only to analyze a customer’s account data, but also to validate whether all relevant accounts and existing loans have been disclosed correctly. It combines bank account analysis with additional verification against SCHUFA credit information.

In many credit application processes, customers may fail to provide complete or accurate information about their existing loans. KreditCheck B2C Loan Validator helps by:

• Ensuring all accounts and loans belonging to the applicant are considered

• Reducing manual verification efforts for advisors

• Making credit decisions faster, safer, and more reliable

• Improving compliance and minimizing lending risks

• A creditworthiness recommendation

• PDF reports with full documentation

• Account-based analysis including income, living costs, and risk factors

• Loan validation through comparison with SCHUFA credit data

• Verification that the applicant’s name matches across both sources (bank data and SCHUFA report)

• A default rule set is included for evaluating consumer creditworthiness

• Rules can be adapted and extended according to a financial institution’s policies

• Both general rules and custom rules are applied in the assessment

• The Loan Validator compares:

  • The customer’s imported bank account data and

  • The SCHUFA A report of the applicant

• By cross-checking loan details, the system verifies whether all relevant loans and accounts have been included by the applicant

• Higher reliability: Ensures all loans are disclosed and validated

• Faster processing: Reduces manual checks and speeds up loan approvals

• Compliance & risk reduction: Prevents incomplete or incorrect credit applications

• Customizable: Rule engine can be aligned with bank-specific requirements

• Transparent documentation: All results and validations are provided in auditable PDF reports

• Access to the KreditCheck B2C API with the Loan Validator add-on

• Integration with SCHUFA credit information for validation

• Results and reports are provided directly via the API

• The process is easy to understand for both customers and advisors

• No extensive IT infrastructure is required