A real income and expenditure picture, fast
Help clients faster with an income and expenditure assessment built from their actual bank data, so advice is accurate and the appointment is shorter.
Building I&E by hand is slow
Most of an appointment can go on piecing together figures a client cannot fully recall.
People rarely remember every regular cost.
Asking for months of paperwork slows help.
Manual I&E eats into time for advice.
The right advice needs the right numbers.
What open banking does for advisers
One open banking connection covers all three, with no extra systems to run.
Why debt advisers use it
Built on real figures, not estimates.
Less time on data, more on advice.
The same clear picture for everyone.
No chasing documents.
The data points that matter for debt advice
One connection surfaces exactly what you need to make a confident decision. See how it works.
A client arrives anxious and unsure of their numbers. Instead of a long income and expenditure exercise from memory, one open banking connection builds an accurate picture, so more of the appointment goes on advice, not data entry.
Open banking for debt advice: FAQs
No, it is always their choice. Where they do consent, it makes the assessment faster and more accurate, which usually means better advice sooner.
It populates it with real figures. You still apply your judgement and the relevant guidance, with far less manual collection.
Access is read-only under FCA authorisation and encrypted in transit and at rest. The customer consents to share specific accounts for a limited period, only debt advice working on the case see the result, and the customer can withdraw access at any time.
Help clients faster
Book a demo and we will build an I&E assessment on a live connection.