Online Credit Bureau Access and FUEL Startup Guide

This guide serves as a comprehensive resource for the Online Credit Bureau Access system and the FUEL (Forecasted Underwriting Express Lending) decision model. It outlines the functionalities and benefits of the Online Credit Bureau Access system, which connects credit unions to major credit bureaus, allowing for efficient retrieval of credit data. The guide details the implementation tasks, timelines, and frequently asked questions regarding the system. It explains how the system improves loan processing by providing quick access to credit reports and integrating this data into the loan application process. Additionally, the guide introduces the FUEL decision model, which offers customizable templates for various lending scenarios. It emphasizes the importance of having current credit scores available to enhance loan sales and describes the flexibility of the system in accessing different types of credit information based on contractual agreements with credit bureaus. The guide aims to facilitate better decision-making and service delivery within credit unions.