Frequently Asked Questions
How does LeaseDefend™ verify financial data?
LeaseDefend™ integrates directly with 12,000+ financial institutions using 256-bit encrypted open banking to extract bank-verified income statements and utility payments directly from the applicant's account, removing the risk of fraudulent PDF uploads.
Does this run a hard credit inquiry?
No. LeaseDefend™ does not perform traditional hard credit inquiries and will never affect your credit score.
How long does the report take to generate?
Reports are processed dynamically and are ready in just a few minutes after connecting your financial institution.