You can configure VeriCred settings at either the entity/merchant level or the branch level. This integration allows you to perform and save credit inquiries directly within MAXMONEY.

To access these settings, go to Setup > MAXCONSUMER > VeriCred.

Adding a New VeriCred Setup

To add a new VeriCred setup for your legal entity or a specific branch, follow these steps:

VERICRED SETUP

• Enabled: Select this checkbox to activate the VeriCred setup.

• Logon Name: Enter the username provided by VeriCred.

• Logon Password: Enter the password provided by VeriCred.

• Confirm Logon Password: Re-enter the password to confirm.

• Enquiry Validity Period: Enter the number of days for which an inquiry remains valid, starting from the inquiry date until the loan date.

• Enquiry Validity for No of Loans: Enter the number of loans for which a single inquiry remains valid.

• Auto Enquiry: Select this checkbox to enable automatic inquiries.

• Enquiry Type: Choose between Affordability Assessment or Credit Report from the dropdown menu. Be sure to confirm with VeriCred which product you've signed up for.

RECORD DETAILS

• Record Date: Displays the date when the VeriCred setup was completed.

• Record Time: Displays the time when the VeriCred setup was completed.

• Record User: Displays the user who performed the VeriCred setup.

MAXCONSUMER

To reset the VeriCred password:

1. Go to Setups > MaxConsumer > VeriCred > Edit VeriCred Setup.

2. Click the Reset Password button.

A user can reset the password before it expires if their role includes the necessary resource. For information on setting up user email notifications for password expiry, refer to the MaxConsumer setup documentation.

To view non-client enquiry history:

• Go to Non Client > VeriCred Enquiry > History.