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Compete at a Higher Level with the
XpertOnline Score Disclosure Service

XpertOnline can help ensure that you are competing at a higher level than your competitors. Help your clients comply with the FACTA Risk-based Pricing Rule by either mailing or emailing risk-based pricing notices / credit score disclosure notices to consumers.  Contact Bryan Sawyer to get started: (509)324-1320, or Bryan.Sawyer@SharperLending.com 

Here are some quick facts:

• The Risk-Based Pricing Rule requires your lender clients to send risk-based pricing notices / credit score disclosures to consumers. The rule does not say how disclosures need to be provided to consumers¹.
• Your biggest competitor is emailing score disclosures to speed up processes and cut costs.
• Our management report proves that disclosures were emailed/mailed for auditors.
• The bureaus offer an emailing and mailing solution to fulfill the risk-based pricing rule.

Reduce your costs.
Comply with the Risk-Based Pricing Rule.
Use XpertOnline’s score disclosure service with email.

• The bureaus confirm that lenders and CRAs can comply with the Risk-based Pricing Rule (Score Disclosure/Notice to Home Loan Applicants) requirements by either emailing or mailing borrower score disclosures.
• The FTC and Federal Reserve Board do not specify how to fulfill this requirement; only that it must be done.

Your competitors offer an either/or solution. Either they email score disclosures to consumers; or, they mail them to consumers.

XpertOnline offers a both/and solution that you can setup today. XpertOnline will attempt to email consumers their score disclosures. If that doesn’t work, it will automatically print the disclosures for mailing to consumers.

How it Works to Save You Time
When you enable the emailing option, XpertOnline checks to see if there is an email address present on the request, including any requests that come into XOL from Encompass.

If an email exists, it will attempt to email the disclosures to the borrower or borrowers, sending two separate emails if there are two provided (or, sending two emails to the same address if the same address is provided for both app and coapp). If the email delivery is unsuccessful, it will instantly place score disclosures into the print queue so they can be printed and mailed out.