Granite has configured a credit bureau check to be requested on your applicants within the Loanapp submission workflow.
This means the Bureau Check service in Loanapp requests a full Credit File and registers the Granite enquiry as a footprint on the applicants' file. It also means that this step is already done when you submit your application, speeding up assessment and approval.
Triggering to Bureau Check Service
The Bureau Check in the Granite workflow will automatically be triggered once your applicants have finalised the Loanapp digital consent, so it is important that you are aware of this. It will ONLY be run after your applicants have completed this consent.
The Bureau check workflow is a 'blind' service - neither you or the applicants need to do anything. Granite's Loanapp is configured so that
The Bureau check can be found in the "Financial Position" section of your application:
Until consent has been received, the Bureau check widget in Loanapp will be noted as 'Ready':
When your applicants have completed the digital consent, the Bureau check will automatically be run, and the status will be changed to 'requested'.
Loanapp will send your applicant data to Equifax, requesting a Credit Check.
The service is almost instant, and when completed the Bureau check widget in Loanapp will be noted as 'completed':
Accessing the Credit report
When Equifax returns the Credit Report, it will automatically be attached to your application.
You can open the Bureau Check widget to download the Credit Report. Click on the expand ⌄ icon:
And once expanded, click on the Details button:
A new popup will give you the details of the call; and also allow you to download the report:
This will download and open the Equifax Credit Report that has been requested and returned to Loanapp:
This report will automatically be submitted to Granite when you submit your application.