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  • Michael McCulloch

LCollect launches BankStatements

Updated: Mar 4, 2022

Following consultation with illion we are proud to introduce is a product that allows customers to upload their bank information in a secure environment so a real-time assessment can be conducted of a customers financial position and capacity to repay their debt based on real bank account data. We believe that the introduction of this product will increase arrangement amounts and lessen arrangement defaults.

The portal is free for our customers to use and audited annually by leading IT security companies with no credential storage and bank level encryption.

For any questions regarding our adoption of this technology please speak with us.


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