Document type
Intelligent Credit Applications Processing
Process credit card and credit line applications with high accuracy, extracting applicant information, financial details, and credit history data for efficient decisioning.
99.6%Accuracy
90%Time Saved
24/7Processing
Processing Steps
How to Process credit-applications
Follow these simple steps to extract data from your credit-applications
1
Upload Application
Upload credit application forms and supporting documentation
2
Data Capture
Extract applicant information and financial details
3
Credit Analysis
Analyze credit history and financial information
4
Decision Support
Generate a structured application package for review
Extracted Data
Credit Applications Fields
ParseIQ automatically extracts and validates these fields from your documents
| Field Name | Type | Required | Description | Example |
|---|---|---|---|---|
| applicationId | string | Yes | Unique identifier for the credit application | N/A |
| applicationType | string | Yes | Type of credit being applied for (credit card, line of credit, etc.) | N/A |
| productName | string | Yes | Name of the specific credit product | N/A |
| submissionDate | date | Yes | Date when the application was submitted | N/A |
| applicantName | string | Yes | Full name of the primary applicant | N/A |
| applicantType | string | Yes | Type of applicant (individual, business) | N/A |
| dateOfBirth | date | Yes | Date of birth of the applicant | N/A |
| socialSecurityNumber | string | Yes | Social security number or tax identification number | N/A |
| contactInformation | object | Yes | Contact details including phone numbers and email | N/A |
| residentialAddress | object | Yes | Current residential address | N/A |