Per-Decision Pricing Built for Community Institutions

A decision is a single credit assessment request submitted to the CredVynt API for one loan applicant. Each request retrieves all three data layers (cash-flow, rent history, payroll verification) and returns a decision with confidence score, per-layer breakdown, and Reg B–formatted adverse action reason codes if applicable. API calls made during integration testing and sandbox development do not count toward your monthly minimum.

All plans include a 60-day pilot period. During the pilot, you pay normal per-decision rates (credited against your monthly minimum) but you're not locked into a continuing contract. At the end of 60 days, you review thin-file approval results and decide whether to continue. If you cancel after the pilot, you owe nothing additional. We recommend running the pilot on a defined thin-file applicant cohort so you can measure approval lift and delinquency rates with a clean baseline.

No setup fees for Community and Growth tiers. CredVynt's integration team handles the LOS connector configuration as part of onboarding. Typical integration to first live decision is 2–4 weeks depending on your core system. The Institution tier may include on-site onboarding at a fee quoted separately based on complexity and custom model work.

CredVynt provides a model documentation package that includes: model purpose and scope, data inputs and attribute definitions, decision logic description, performance statistics on the training population, and fair lending testing methodology. This documentation is prepared with SR 11-7 and OCC Bulletin 2011-12 model risk management expectations in mind. CredVynt does not replace your institution's independent model validation obligation — we provide the documentation to support your validator's review. Institutions on the Growth and Institution tiers receive priority access to the model documentation package and CredVynt's model risk team for examiner-prep calls.

Every non-approval decision returns a ranked list of adverse action reason codes formatted to CFPB-standard Reg B requirements — the same codes your compliance team uses in adverse action notices today. The decision record includes: decision outcome, timestamp, applicant identifier, data sources accessed, confidence score, and the specific ranked factors that drove the outcome. Decision records are retained for 7 years and are accessible via API for HMDA LAR reporting support. CredVynt does not issue adverse action notices on your behalf — that obligation remains with your institution.

Yes. Most lenders deploy CredVynt as a supplementary signal for thin-file applicants who would otherwise be declined based on a bureau score alone. The CredVynt output can be configured to feed into your existing underwriting scorecard as an additional factor — either as a segmented scorecard input for the thin-file population, or as a structured override justification for borderline decisions. Your loan officers retain full decisioning authority; CredVynt provides documented evidence to support their judgment.

CredVynt accesses applicant bank account transaction data, rental payment records, and employer payroll data — only after explicit applicant authorization is collected in your application flow. All data is transmitted using TLS 1.3 and stored with AES-256 encryption at rest. Raw applicant financial data is retained for 36 months for audit and regulatory inquiry, then purged. We execute a Data Processing Agreement (DPA) with each lender client consistent with GLBA Safeguards Rule requirements. See our Security page for full details.

CredVynt's decisioning models are designed to avoid protected-class proxies. All model inputs are ECOA-permissible credit factors. We conduct ongoing disparate impact testing across race, national origin, gender, and age proxies in the loan population and share results with lender clients quarterly. CredVynt does not guarantee that your institution's use of alternative data will pass every fair lending examination — that determination requires your institution's independent analysis of your specific lending outcomes. We provide the tools and documentation to support that analysis.