RepayIQ
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How It Works

From request to verified report in under a minute.

RepayIQ replaces manual document review with a secure, applicant-driven verification flow. No paperwork collection. No fraud risk from altered documents. Just real financial data — analyzed and scored automatically.

5 stepsstart to finish
< 60sreport generation
100%applicant-driven consent

See it in action

From request to report — step by step

Step 1 of 4

You send a secure verification link

Paste the applicant's name and phone/email. RepayIQ generates a unique, tamper-proof link in seconds. No setup, no paperwork.

< 10 seconds

New Verification

Send Link →

RepayIQ

Hi Jordan — tap to verify your income for your application. 🔒

repayiq.ai/v/xK9m2…

·1 / 4

How It Works

Five steps from request to verified report

You send a link. The applicant gives permission and connects their financial accounts. RepayIQ analyzes the data and returns a clear, actionable report — in under a minute.

01

Send a Secure Link

Enter the applicant's name, phone, and requested payment amount. RepayIQ generates a tokenized verification link delivered via SMS or email.

SMS or emailTokenized · one-time use
02

Applicant Consents

The applicant opens a mobile-friendly consent page, reviews the FCRA disclosure, and authorizes read-only access to their financial accounts.

FCRA-compliantConsent logged with timestamp
03

Bank Connected

Applicant connects their bank securely through Plaid. Read-only access only — no login credentials are ever stored or transmitted.

Powered by PlaidRead-only · zero credential storage
04

RepayIQ Analyzes

Our scoring engine processes 90 days of transactions — evaluating income, cash-flow stability, overdraft patterns, liquidity buffer, and fraud signals.

90-day analysisAI-scored · 6 signal dimensions
05

Report Delivered

You receive a 0–100 RepayIQ risk score, a risk band classification, and a full breakdown across six financial dimensions — instantly.

Instant deliveryActionable · shareable · archived
< 60s

Report generation time

0–100

Risk score scale

6

Financial signal dimensions

The Report

Six financial dimensions, one clear risk score

Every RepayIQ report analyzes six dimensions of an applicant's financial profile. Each dimension contributes to the overall 0–100 RepayIQ Score and risk band — giving you the full picture, not just a number.

Est. Monthly Income

Average verified income calculated from 90 days of real deposit history — not stated income or pay stubs.

Income verification

Income Consistency

Stability score based on regularity of deposits. Identifies gig workers, seasonal income, and irregular earners.

Deposit pattern

Affordability Range

Maximum safe monthly payment derived from verified income, recurring obligations, and spending behavior.

Payment capacity

Liquidity Buffer

Average available balance after recurring payments. Low buffers indicate financial stress even when income looks adequate.

Cash-flow health

Overdraft Indicators

NSF events, returned items, and low-balance frequency over the analysis window. A strong predictor of default risk.

NSF & overdraft

Fraud Signals

Irregular transaction velocity, circular transfers, and behavioral anomalies that indicate potential identity or income fraud.

Fraud detection

All six dimensions combine into one 0–100 RepayIQ Score

The score is paired with a risk band — Low Risk, Moderate Risk, Elevated Risk, or High Risk — giving you an instant, actionable signal alongside the full breakdown.

78
Low Risk
52
Moderate
31
Elevated Risk
Bank-level encryption
Read-only access
Applicant consent required
No data stored
SOC 2 Ready
Powered by Plaid

Start verifying applicants with RepayIQ

Your first verification is minutes away. No contracts, no setup fees.