Forecast Debt Payoff Scenarios with the Liabilities Dashboard

Following the release of our Liabilities Endpoint, we’ve launched a Liabilities Dashboard that allows lenders to get a complete and up-to-date picture of a borrower’s liabilities and cashflows in order to easily gauge a borrower’s ability to handle debt.

 Who this dashboard is for

• Risk teams looking to automate their underwriting process 
• Lenders looking to run debt payoff scenarios
  
• Companies building debt management screens
  

How it Works

Pave ingests, cleans, and unifies multiple data sources including credit reports, bank aggregators like Plaid and MX, and debt management APIs like Method.

1. Upload a user’s bank transactions, credit reports, and/or data from debt aggregators like Method
2. Pave automatically unifies the loan payments in bank transaction data with the corresponding tradeline in credit data
3. Access the borrower’s unified list of liabilities and select different liabilities for payoff 
4. See the user’s revised monthly cashflow (with the payoff factored in) to run debt payoff scenarios