What does it entail?

With Validdo’s Credit Check, organizations gain responsible insights into participants’ financial risks. We detect problematic payment behavior or debt situations that may signal heightened risks, without invading privacy or using in-depth credit analyses like BKR. This enables informed decisions for roles where financial integrity is vital.

How does it work?

Validdo’s Credit Check leverages risk signals from legally permitted data sources, based on legitimate interest:

• Negative payment signals

  Are there reports of past payment arrears or unpaid claims?

• Address-related risks

  Does the residential address show signs of debt issues or financial fraud?

• Credit warnings and risk profiles

  Is the participant classified as high-risk based on historical data?

Results are summarized in a clear risk assessment (low, neutral, high) for quick, well-founded decisions.

Why is it important?

• Prevents unexpected risks

  Essential for positions with financial responsibility or access to resources.

• Spots vulnerabilities early

  Financial stress can heighten fraud risk or reduce reliability.

• Privacy-friendly and compliant

  Fully GDPR-compliant, with no breach of personal credit data.

• Strengthens responsible management

  Helps build stable, trustworthy organizations with minimal risks.

Questions about our Credit Check? We're excited to [email protected]