Dear Hilary – File Limits
July 2017

Dear Hilary,

I am a new client, and I am wondering if there is a limit to the number of files I can load into Visible Equity every month?

Sincerely,
File Limits

 

Dear File Limits,

There is no limit to the number of files you can load each month! The more data you send us the better analysis you’ll get. Ideally, to fully utilize our existing and upcoming products you would send us active and charged-off loan data, application data, customer/member data, collection data, deposit data, and marketing data. Many data files from various data sources are often needed to accomplish this.

We have many clients that choose to send separate files for their different products, while some clients choose to send collateral or borrower information separately. An identification number is needed to create a link between the supplemental data file and the source file (e.g. Loan ID Number, Application ID Number). An example of when a supplemental data file would be used, is when collateral details are not included in a source file. The supplemental file would contain Loan ID Numbers and the collateral details.

If you have any questions regarding files, please don’t hesitate to reach out to our support team – helping out is what we love to do!

Have a great long weekend!
Hilary

Related Blog Posts
Further Your Education