As a financing company, we often face the risk of lending to individuals with hidden legal or financial red flags. CheckDulu helps us uncover these risks early before they turn into costly mistakes.
We were genuinely impressed that nearly 90% of our internal high-risk list matched with CheckDulu’s court records. Combined with its KYC verification and travel restriction alerts, we now have a full-circle view of each applicant’s credibility and that gives us the confidence to make faster, smarter, and more responsible lending decisions.This level of accuracy gives us the confidence to make better lending decisions.
Thanks to CheckDulu, we managed to reject or delay applications that could’ve turned into bad debt. It acts like a pre-lending firewall for us helping us protect our business and cash flow.
For this licensed financing company, protecting capital from high-risk borrowers was a growing concern. Traditional methods of background checks were time consuming and often missed legal red flags, especially court related matters.
The KYC feature helped validate applicants’ identities and cross-check business affiliations, preventing misuse of company names or fake positions. Meanwhile, travel restriction section revealed unresolved legal or tax obligations that may signal repayment risk.
“We’ve had a few cases where clients looked clean on the surface, but were later found to have active or past court cases. The travel restriction alert also is an underrated gem. If someone is barred from leaving the country, we know there’s something serious going on.
— Senior Risk Analyst
The team began using CheckDulu to verify borrower backgrounds, specifically to detect court cases, adverse media, and credibility risks before issuing any offer letters.
“The moment we integrated CheckDulu into our due diligence flow, the difference was clear. The hit rate on court case matches alone was around 90%. That gave us a strong reason to either pause or reject financing to those profiles.”
-Risk Manager, Licensed Financing Company
Match Rate
High detection rate of relevant applicant records giving the company a valuable early warning advantage.
Time Reduction
Team productivity increased by 30%, as reports are centralized and easy to interpret
Faster Decision
No longer have to second-guess a decision. Every file now comes with a clear justifiication.
The team discovered that 9 out of 10 flagged profiles had existing or historical court records that weren’t visible through standard background checks.
The team reported a 30% reduction in manual background checks. Risk analysts spent less time cross-referencing and more time taking action.
The company avoided financing several high-risk individuals who later turned out to have poor repayment histories or were involved in legal disputes.