Debt Detector
See the debts the credit report doesn't
Debt Detector spots recurring debt payments hiding in bank statement activity, so your underwriters see what the borrower really owes before the file moves forward, not after.
| Recurring payment | Tradeline | Status |
|---|---|---|
| Auto loan | ABC | Matched |
| Buy now, pay later | None found | Flagged |
| Student loan | 123 | Matched |
| Private loan | None found | Flagged |
What Debt Detector catches
Not every obligation shows up as a tradeline. Bank statements tell the rest of the story.
Loan payments
Recurring payments to lenders that point to an active loan
Buy now, pay later plans
Installment plans that often never show up on a credit report
Other liabilities
Other recurring payments that affect what the borrower can afford
How it works
Two documents in, one clear list of what doesn't match
- 1
Upload bank statements
Debt Detector scans the activity for recurring debt payments
- 2
Add the credit report
Upload the borrower's credit report and Debt Detector checks it against the bank statements
- 3
Review flagged payments
Anything that doesn't match a tradeline gets flagged for your underwriter