Loan Allocation Instant Notification Service
PRODUCTS / LOAN ALLOCATİON INSTANT NOTİFİCATİON SERVİCE
Loan Allocation Instant Notification Service
A KKB service for identifying acts of fraud
The Loan Allocation Instant Notification is a KKB service designed to identify and prevent cases of fraud involving individuals taking multiple loans above their credibility from banks and financial institutions in a single day.
Credit ratings generated by credit bureaus differ from models developed by institutions specifically for their own portfolios, in that credit ratings reflect the profile of borrowers on a nation-wide basis. A key benefit of credit ratings is that they offer a comparative risk level of individuals against the country average.
![](/Resources/ContentImage/4669/shutterstock279718373.jpg)
Notifies lenders of other loans taken by the same individual within the last 48 hours
Prevents customers to take loans beyond their solvency
Serves as a measure against a common method of fraud
Who Can Use It & How to Use?
KKB member banks and consumer financing institutions may benefit from the service.