What we do
Raporto is a credit monitoring app allowing you to access information regarding your credit file and in depth insights into your spending habits.
Here at Raporto, we believe that people shouldn’t be left wondering why their credit application has been turned down. No one deserves to be left in the dark, which is why Raporto are helping give you a chance at improving your financial situation so that you are less likely to be turned down in the future.
We've crafted the Raporto product to help you understand the potential reasons for being turned away by lenders. Our aim is to enable you to get one step further in improving your credit file and becoming the ideal candidate for when applying for credit again in the future.
How we do it
Raporto pulls together information from Equifax, a credit referencing agency used by lenders. It then creates a credit report to help you better understand your credit score and where you are going wrong.
We differ from other credit reporting services by going one step further in analysing your financial situation. By signing up to Raporto’s premium account, you will be able to access in depth information on your spending habits and how this can be improved. We do this by using open banking software to put together an affordability report that can be used to build plans for the future and help you start taking back control of your finances.
Our service also has a identity fraud detection feature which helps you see if your email address has ever been part of any data breaches. It is common for people to be declined from lenders due to failed payments from people who have stolen your identity. Therefore, by making you aware of any data breaches, we can help you take action to help prevent this from happening again in the future.
Another great feature available for Raporto premium users is a financial mental health check. Users are able to take a monthly health check survey with which Raporto can analyse the answers and provide a report on your financial mental health.
Why this is important
Usually, being declined from trying to get credit is the end of the journey, but with Raporto that doesn’t have to be the case.
We aren’t the only credit reporting service by all means. However, we take credit reporting that little bit further by offering not only credit report analysis but also analysis of affordability, financial mental health and identity theft threats.
All of this allows us to help you get back on track of your finances and put you in a better position to get accepted by lenders.