Statfin | Solutions | Credit Analysis Reports

CREDIT ANALYSIS REPORT (CAR)

Perform CAR Checks for Individuals and Businesses to assess their Credit history and Repayment Behaviour.

About CAR

What is Credit Analysis Reports (CAR)?

Credit Analysis Reports (CAR) are extractions of an individual’s and Business’s credit history and repayment behaviour.

CAR checks are highly mandatory to make informed lending decisions to prevent Defaulters and Imposters from exploiting a financial institution or organization’s credit system, resources, and trust, ensuring financial security and compliance.

Why Credit Analysis Important?

Credit Risk Assessment:CAR checks provide a comprehensive evaluation of an individual’s and business’s creditworthiness and financial credibility, helping lenders make informed decisions and reduce bad debt.
Preventing Loan Defaults: Identifies potential defaulters early, reducing the risk of financial institutions losing large loan amounts.
Safeguarding Financial Stability: Helps prevent insolvency or bankruptcy by avoiding lending to high-risk individuals and impostors.
Fraud Detection & Compliance: Detects fraudulent activities, such as money laundering, ensuring secure and compliant lending decisions.

Key Features

Greater Analysis of Credit Score and History

Credit Scores help in the analysis of the risk factors involved in lending a loan amount to an individual or an organization.

Risk Assessment

Risk Assessment evaluates creditworthiness to identify potential defaults and minimize financial risks.

Financial Flow and Re-Payment Ability

Financial Flow and Re-Payment Ability are assessed for a clear understanding of an individual’s financial health and repayment capacity.

Loan Purpose and Utilization

Through performing real-time data extraction, the credibility of a loan request and its real purpose can be identified.

Deep Credit Behavior Insights

CAR analyzes credit usage, repayment trends, and financial commitments for a holistic risk assessment.

Our Process

Primary Information Collection

Credit Score Evaluation

Financial Strength Analysis

Cash Flow & Debt Assessment

Comprehensive CAR Report

Primary Information Collection

Gather essential financial and identity documents for the initial screening of past loan debts and repayment history.

Credit Score Evaluation

Assess credit scores to determine repayment behavior and financial reliability.

Financial Strength Analysis

Examine income statements and collaterals (assets) to evaluate financial stability.

Cash Flow & Debt Assessment

Analyze cash flow stability and repayment ability for deeper insights.

Comprehensive CAR Report

Generate a detailed report with summarized findings, risk indicators, and actionable insights.

F.A.Qs

What is a Credit Analysis Report

What are the details collected for a CAR check?

Where are Credit Analysis Reports beneficial?

What are the key factors assessed through the Credit Analysis Report Check?

Can a bad CAR report result in Loan Rejection?

What is a Credit Analysis Report

A Credit Analysis Report (CAR) is a detailed report through which an individual’s and a Business entity’s creditworthiness of a loan sanction can be identified by assessing many key factors and risks.

What is a Credit Analysis Report?

What are the details collected for a CAR check?

Aadhar, PAN and Employment details (Salary Slips and Bank Statements) for identifying any registered past loan debts and incomplete repayments. Other financial or asset documents to understand financial strength and repayment capacity.

Where are Credit Analysis Reports beneficial?

Credit Analysis Reports are beneficial, especially for Banking and Financial Services, Non-Banking Financial Sectors, Insurance Companies and other Financing Agencies for making informed lending decisions.

What are the key factors assessed through the Credit Analysis Report Check?

Loan Debts and Repayment Behavior
Incomplete or Pending Payments
Due and Unclear Loans
Registered Complaints
Risk Factors through Past Behaviours
Credibility of Identity and submitted documents

Can a bad CAR report result in Loan Rejection?

Yes. A bad CAR Report can result in a loan rejection if there are too many irregularities and unusual behavior patterns/findings in repayment or closing of past loans that stand against an individual’s creditworthiness and credibility.