In Lendesk, credit and liabilities are displayed on a separate page. This makes it easy to view liabilities that might be shared by multiple applicants.
Credit Reports
To pull a credit report:
1. Go to Credit & Liabilities.
2. Click on Pull Credit.
3. Select the credit bureau, type the method of consent and date.
4. Optionally, you can select to import liabilities directly from the report.
If you have more than one applicant, each applicant will have their own section to pull a report.
Liabilities
To add a liability:
1. Go to Credit & Liabilities.
2. Click on Add Liability and choose the type.
3. Optionally, you can import the liabilities directly from the credit reports by clicking on Import and select the relevant liabilities if you skipped this during the credit pull.
To edit a liability and add more details, click on the pencil icon to open a pop window for a breakdown on the selected liability.
To remove a liability:
Click on the box next to the liability for all debts that are being removed.
Click the Delete button.
Joint Liabilities
For multiple applicants in a single application, liabilities from both applicants will be listed together. This will make it easy to see any duplicated liabilities and/or set both applicants as owners of the same liability.
Switching and adding owners
To add or switch the owner of a liability:
1. Click on the down arrow on the Owners column.
2. Check or uncheck the applicant's name.
