Infographic

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1. Conducting a Credit Check on New Applicants

• Navigation: Non Client > VeriCred Enquiry > Do New Enquiry.

• Linking to Loan: If you decide to grant a loan, you can link this inquiry to the new client profile you create in MAXMONEY.

2. Client Consent is Mandatory

Before performing any credit inquiry, it is mandatory that the client provides their consent. This consent is typically included as a standard clause within the MAXMONEY loan agreement. Additionally, you can document consent via a printable form:

• Action: Click Print Consent and ensure the applicant signs the form.

3. Completing Applicant Details

Fill in the applicant's details accurately:

• Reason for Enquiry: Select a valid reason for the inquiry from the dropdown list. This field is required.

• First Name: Enter the applicant's first name.

• Second Name: Enter the applicant's second name, if applicable.

• Third Name: Enter the applicant's third name, if applicable.

• Surname: Enter the applicant's surname.

• South African ID No: Enter the applicant's South African ID number.

• Birth Date: Enter the applicant's date of birth in the format dd/mm/yyyy.

• Gender: Select the applicant's gender.

• Did the client give consent?: Confirm that the client has provided their consent for the enquiry.