Browse Solutions

Consumer Fintech PlatformLaunch a lending product
Qualified Lead FunnelFill your funnel
Commercial Lending PlatformUnderwrite businesses
Verification & ScreeningScreen applicants faster
Custom Data PackageBundle only what you need

Browse Products

CRS FinStack PlatformOrder and manage data
CRS One: Credit APIsAll bureaus, one API
LeadsIQ: PrescreenFind qualified leads
OffersIQ: PreApprovalMatch the right offer
Identity, Risk & FraudKYC, KYB and fraud
Account MonitoringWatch portfolio risk
Credit MonitoringWhite-label tracking
Data FurnishingReport back to bureaus
Soft Pull Credit APIReal-time prequalification

All Industries

AgricultureLend through the seasons
AutomotiveRetail, lease and fleet
Banks & Credit UnionsOne compliant layer
Card ProgramsLaunch card portfolios
Commercial LendingKnow the business
Consumer LendingPrescreen to monitoring
Credit & Housing CounselingFaster counseling
Debt ConsolidationBetter leads, fewer drops
Energy & UtilitiesSpot risk before default
HealthcareApprove more patients
Lead MarketingTarget leads that convert
Legal & BankruptcyLess case friction
MortgageHELOC, refi and purchase
Revenue Based FinancingFund fast, judge well
SBA 7(a) LoansScale originations safely
Tenant ScreeningCredit, criminal, eviction

Company

AboutWho we are
CareersCome build with us
PartnersExtend CRS further
How it WorksSee how access works
Contact UsTalk to our team

Resources

BlogNotes on credit data
Credit Monitoring API DocsIntegrate monitoring
CRS Product CatalogBrowse the full catalog
Data Furnishing API DocsIntegrate reporting
SBSSOpenAPI file, downloads
System StatusLive uptime
Press KitLogos and brand assets

Notices

ComplianceWhat access requires
Cookie PolicyHow we use cookies
Human TraffickingOur commitment
Compliance BulletinLatest rule changes

Solutions

Consumer Fintech PlatformLaunch a lending product
Qualified Lead FunnelFill your funnel
Commercial Lending PlatformUnderwrite businesses
Verification & ScreeningScreen applicants faster
Custom Data PackageBundle only what you need

Products

CRS FinStack PlatformOrder and manage data
CRS One: Credit APIsAll bureaus, one API
LeadsIQ: PrescreenFind qualified leads
OffersIQ: PreApprovalMatch the right offer
Identity, Risk & FraudKYC, KYB and fraud
Account MonitoringWatch portfolio risk
Credit MonitoringWhite-label tracking
Data FurnishingReport back to bureaus
Soft Pull Credit APIReal-time prequalification

Industries

AgricultureLend through the seasons
AutomotiveRetail, lease and fleet
Banks & Credit UnionsOne compliant layer
Card ProgramsLaunch card portfolios
Commercial LendingKnow the business
Consumer LendingPrescreen to monitoring
Credit & Housing CounselingFaster counseling
Debt ConsolidationBetter leads, fewer drops
Energy & UtilitiesSpot risk before default
HealthcareApprove more patients
Lead MarketingTarget leads that convert
Legal & BankruptcyLess case friction
MortgageHELOC, refi and purchase
Revenue Based FinancingFund fast, judge well
SBA 7(a) LoansScale originations safely
Tenant ScreeningCredit, criminal, eviction

Company

AboutWho we are
CareersCome build with us
PartnersExtend CRS further
How it WorksSee how access works
Contact UsTalk to our team

Resources

BlogNotes on credit data
Credit Monitoring API DocsIntegrate monitoring
CRS Product CatalogBrowse the full catalog
Data Furnishing API DocsIntegrate reporting
SBSSOpenAPI file, downloads
System StatusLive uptime
Press KitLogos and brand assets

Notices

ComplianceWhat access requires
Cookie PolicyHow we use cookies
Human TraffickingOur commitment
Compliance BulletinLatest rule changes

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Compliance
Letter of Explanation

Letter of Explanation

Instructions and examples for the vetting process.

Accepted Documents

Letter of Explanation

A letter of explanation is often used for the client to provide additional details or clarification for something that has raised questions or concerns for compliance during the vetting process. It helps us understand the situation better and make informed decisions based on the information provided.

Disclaimer

The provided samples are not meant to be considered as legal advice. Instead, they are provided for general purposes only. We strongly advise you to consult with an attorney for any legal matters as all information, content, and materials available from us are not a substitute for professional legal guidance.

Sample: Letter of Explanation — Letter of Explanation

CRS provides the data infrastructure behind high volume, high stakes decisions. From acquisition and underwriting to monitoring and compliance, we support teams operating where accuracy, scale, and timing matters.