|InstantCreditChecks Frequently Asked Questions
What is ICC?
A: ICC is two
1. We are an interface that provides a single point of access to all three credit bureaus (Equifax, Experian, and
Trans-Union). ICC has a direct link to the credit bureaus and transforms the machine-readable data into a dynamic common XML format.
2. We provide a turn-key internet software package that is available to you in an ASP solution. That means that once you sign up with ICC, that you will have an online (internet) credit reporting company, virtually overnight. We "private label" our product for you to use, plus we provide and maintain all the hardware, software and connections to the 3 national credit bureaus.
Q: Why would we use the InstantCreditChecks's service?
ICC was designed for companies looking for an alternative solution for the delivery of credit reports other than dial up or leased lines. Dial up service is slow and can delay your daily functions when a credit report is needed for application processing. Leased lines provides a direct link to the credit bureaus and an increase to delivery speed but the costs can be as high as a couple of thousands a month (depends on your location) for a dedicated leased line to a single credit bureau.
Plus we have spent hundreds of thousands of dollars to develop a turn-key solution that allows a CRA to get online instantly, allowing your clients to access credit reports online, instantly.
If you use all three credit bureaus then you would need three separate leased lines increasing the cost to several thousands a month. That doesn't include your IT team's time of maintaining the system.
Q: How often do you keep up with format changes by the credit bureaus? How quickly do you respond for tech support issues?
We constantly keep ourselves up to date on changes by the bureaus. We find ourselves to be on top of any new developments the credit bureaus may have. The questions comes up if their new service or changes have any value to our partners as we work to not disrupt their day to day operations. This is the beauty of ICC, we can format their new versions into our XML file, freeing our customers time on making changes when the bureaus update their versions.
We respond to tech support issues immediately.
Q: What developmental/run time requirements will be involved? Will certain pieces need to purchased by both us and our clients?
InstantCreditChecks is a back-end solution for credit reports. You or your partners will not need to purchase any additional pieces for our service. The development time to connect to our servers is minimal and can be connected with any computer with a browser and internet connection. We have companies that uses the internet to connect or server to server connection.
We can have you up and running almost immediately (after issuance of username/passcode) to receive reports using an internet connection.
Q: Why should I partner with
ICC provides a wide array of technologies, services, and data distributed over ICC's affiliate network to provide e-businesses with the means to better serve, understand, communicate with and keep their customers. This integrated information infrastructure serves online credit reports, evictions, and criminal reports.