Affordability Engine

Download our eBook
FCA Authorised

FCA Authorised, ICO Registered

Scroll Down Icon

Calculate your customers Affordability  

DirectID's Affordability Engine layers raw bank data with enriched insights to provide you with a detailed overview of what outgoings your customer/applicant has compared to salary or income, making discretionary spend calculation that much simpler.

With DirectID’s affordability Engine, an individual’s income is calculated and from this, discretionary and non-discretionary spending also calculated, giving you a person's monthly affordability figure.

How it Works

1. DirectID first calculates what a customer’s income is, using our six unique algorithms and confidence scoring.

2. We then identify disposable income is by identifying discretionary and non-discretionary spending.

3.  By identifying income, discretionary and non-discretionary spending, we can then assess how much an individual is able to pay.

Key Benefits & Features

Our Affordability Engine offers lenders and financial institutions the ability to make affordability assessments and calculate disposable income quickly and efficiently. DirectID provides comprehensive reporting allowing for quicker and smarter data-driven decisions.

Better understand a customer's Income

Identify Discretionary vs Non-Discretionary funds easily

Make affordability assessments quickly and efficiently

Understand your Customer

Our Affordability Engine allows you to quickly and easily understand your customer’s financial situation. Coupled with our Income Verification solution we give you ready access to a customer’s sources of income, all backed up with our unique confidence scoring.

Calculate Affordability Easily

The Affordability Engine allows you to understand what a customer’s discretionary and non-discretionary spend looks like, by understanding non-discretionary and discretionary spending, allied with income, calculating affordability becomes easy.

"The Benefits of DirectID Connect The Benefits of DirectID Connect The Benefits of DirectID Connect The Benefits of DirectID Connect The Benefits of DirectID Connect The Benefits of DirectID Connect The Benefits of DirectID Connect "

Credit Risk Icon

James Varga, CEO, DirectID

Powerful Use Cases

Explore our Powerful Use Cases. We provide easy zero-integration solutions with direct access to your customers bank data and instant financial insights into your customers.

Explore our Use Cases

Download the DirectID Affordability eBook today!

In this article, we examine the downfall of a company once valued at $1 billion, ask what role financial authorities played in their introduction of affordability regulations, and consider the future of the lending market.