Leasing

A lease is a financial method based on a contractual arrangement. A leasing object is financed by a lessor and transferred to a lessee against payment of a, for example monthly, instalment. The leased asset usually remains the property of the lessor.

Tink Germany helps you to improve your leasing processes as well as to minimize the manual processes, e.g. by pulling account statements automatically, by categorizing the account statements, and by calculation of customizable KPIs.

Used platforms

pageAnalytics Platform (XS2A.risk)

Used checks

account_status_check

General information about the requested account (account balance, overdraft, etc.). The number of booking dates and bookings and also the average number of bookings per day serve as indicators to see if the account is active and consequently if a general view of the financial and actuarial situation is conveyed.

cashflow

The cashflow supplies an overview of the financial situation of the account holder on a monthly level.

holder_identification_check

The holder_identification_check verifies that the transmitted name corresponds to the account_holder. This verification makes sure that the loan applicant is using his own account for the digital account check.

risk_calculations_check

Risk_calculations_check can be configured as needed.

Expenditure

Vehicle Expenses

In the case of car leasing, it may be relevant to closely look at the current expenditures for vehicles. Will the newly leased car cause additional vehicle expenses or will it (partially) substitute the current expenses.

Vehicle Insurance

The insurance for vehicles can be a good indicator of the current vehicle situation of the account_holder. Do other vehicles exist and depending on the range of the insurance rate what kind of vehicle? Vehicle insurances are often paid annually, so the average over the maximum available time frame should be considered.

Example configuration

JSON

{
  "language": "de",
  "xs2a_risk_calculations_check": {
    "calculations": [
      {
        "categories": [
          "K.4.2"
        ],
        "functions": [
          "average_of_all_month_sums"
        ],
        "name": "Vehicle Expenses",
        "full_months": "3",
        "children_categories": "1",
        "match_tags_with_categories": "0"
      },
      {
        "categories": [
          "K.8.1.3"
        ],
        "functions": [
          "average_of_all_month_sums"
        ],
        "name": "Vehicle Insurance",
        "days": "365"
      }
    ]
  }
}