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  1. #1

    Poll: Clear or Lexus Nexus? - For Funders

    Hi All,
    Please feel free to weigh in here.

  2. #2
    Senior Member Reputation points: 3610
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    Lexus Nexus pulls more info regarding BK, Background, etc.

  3. #3
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    TLO beats them both IMO.
    Underwriting Desk | ClearFund Solutions | New York, NY.
    P: 855-543-2133 E: deals@clearfund.co W: www.clearfund.co
    _____________________________

    ClearFund is a Direct Funder
    ISO inquires: partners@clearfund.co

  4. #4
    Senior Member Reputation points: 2902 JParr's Avatar
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    Lexus Nexus and TLO are both great. I'd probably lean towards Lexus because I have used it more.

    I have no experience with Clear.
    Joshua Parrish | SLIM Capital
    (415) 938-4977 | josh@slimcapital.com
    www.slimcapital.com

  5. #5
    Quote Originally Posted by ClearFund View Post
    TLO beats them both IMO.
    this.

  6. #6
    Senior Member Reputation points: 5328
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    I will be the contrarian and stand up for CLEAR, w/ TLO a solid 2nd choice.

  7. #7
    How much does CLEAR cost?

  8. #8
    Senior Member Reputation points: 14091
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    Quote Originally Posted by ISO man View Post
    How much does CLEAR cost?
    From my understanding, its not cheap.



    Quote Originally Posted by ClearFund View Post
    TLO beats them both IMO.
    TLO is shutting down alot of accounts.

  9. #9
    Senior Member Reputation points: 3418 kevin85k's Avatar
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    lendsaas

  10. #10
    Quote Originally Posted by Akanner View Post
    From my understanding, its not cheap.





    TLO is shutting down alot of accounts.
    Not cheap like 3K/month?

  11. #11
    Clear has always been my preference as an UW for almost 8 years.

  12. #12
    Member Reputation points: 2462 Max Upsell's Avatar
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    If you know you know

  13. #13
    TLO is good.

  14. #14
    We use TLO

    Works for us just fine



    Matt Spinelli
    ISO Manager
    Spartan Capital
    matt@spartancapitalgroup.com
    201-907-4042

  15. #15
    Senior Member Reputation points: 4118
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    We use clear and it has never caused us a problem
    Clark Sica
    Business Development Manager
    Lending Valley, Inc.
    Office Line: 347-478-5161
    Mobile Line:347-536-0528
    Fax: 1-888-850-1971
    www.LendingValley.com

  16. #16
    Member Reputation points: 553 Global Factors's Avatar
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    Tlo

    Quote Originally Posted by Mattspin View Post
    We use TLO

    Works for us just fine



    Matt Spinelli
    ISO Manager
    Spartan Capital
    matt@spartancapitalgroup.com
    201-907-4042
    How much is TLO?
    Global Factors LLC
    877-934-5622

  17. #17
    Quote Originally Posted by Global Factors View Post
    How much is TLO?
    If you run a "comprehensive" business or person search, those can get very pricey -- something like $10-20/each if I remember correctly. You don't need to run comprehensive searches though, that's just a money-making gimmick IMO. Just run the gauntlet of individual searches, most of which don't produce any "hits". I pay $1 per search that comes up with a "hit" ($0 charge if there's no "hit"). For example, enter their SSN, search personal liens, business liens, personal judgments, business judgments, criminal search, UCC's, US businesses, etc. Most of the time you'll run a dozen searches and only hit on a couple of the searches. You'll save yourself a lot of money by adding only a few more clicks. You also aren't paying a premium for a "comprehensive" report that includes blank sections that you could have paid nothing for if there was no hit.

  18. #18
    Member Reputation points: 553 Global Factors's Avatar
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    Thank you for taking the time to write a comprehensive answer.
    Global Factors LLC
    877-934-5622

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