The Loan Fraud Check API assesses the fraud risk of a loan application by combining external credit report data with the applicant’s financial profile. It computes a fraud risk score and returns an actionable recommendation — Approve, Review, or Reject — for each application.Documentation Index
Fetch the complete documentation index at: https://docs.smartcomply.com/llms.txt
Use this file to discover all available pages before exploring further.
How It Works
Submit the application
Send the applicant’s BVN (individual) or RC number (business) along with their financial details to the fraud check endpoint.
Credit report retrieval
The system fetches the applicant’s current credit history from integrated credit bureaus.
Risk score calculation
A rule-based engine evaluates credit history, loan-to-income ratio, applicant age, and other financial factors to compute a fraud risk score.
Key Features
Real-Time Credit Data
Fetches up-to-date credit histories for a dynamic risk evaluation basis.
Actionable Recommendations
Returns clear Approve, Review, or Reject guidance for each application.
Individual & Business
Supports both individual applicants (BVN) and business applicants (RC number).
Data Validation
Strict validation at the model and serializer levels ensures data integrity.
Endpoints
| Endpoint | Description |
|---|---|
| Individual Fraud Check | Assess fraud risk for individual loan applicants |
| Business Fraud Check | Assess fraud risk for business loan applicants |