Congruit's ACH Exchange database has grown to over 8 million records and continues to expand daily, providing lenders with a powerful top-of-waterfall solution for risk assessment. Early testing shows hit rates exceeding 10% on funded loans, a figure expected to increase significantly as the database grows.

Any presence in the ACH Exchange database serves as an indicator of risk, with individual attributes more precisely targeting higher risk pockets. The strongest predictors of default have been the presence of any NSF return in the last 30 days and multiple total returns in the last 90 days, identifying segments of the population defaulting at nearly 50%. Additionally, a "Closed Account" return has proven effective at identifying low converters, with funding rates around 1% in some cases.

Congruit works directly with lenders to translate these insights into actionable business rules, helping to significantly decrease default rates and reduce the overall cost to fund a loan.