For too long, income and employment verification has been a bottleneck in credit decisioning: manual, slow, and often unfair to borrowers who don't fit the old mold. At Teal, we believe that modern lending demands real-time, verified data, straight from the source: payroll.
Our API brings that vision to life. With direct payroll integrations, user consent built-in, and a modular architecture designed for modern credit workflows, Teal gives you the tools to transform affordability, risk, and compliance. Here's what you can do with the Teal API and why it matters.
Verify Income and Employment Instantly
Forget chasing payslips, PDFs, or self-reported income. Teal's API connects directly to payroll systems with user consent, delivering real-time, verified income and employment data in one seamless experience.
Use Cases:
- Instant affordability checks at onboarding
- Real-time employment verification with role, tenure, and employer details
- Dynamic risk assessments that keep pace with today's workforce
Monitor Affordability Over Time
Affordability isn't static and neither is risk. With Teal's recurring checks, you can monitor changes in a borrower's income and employment throughout the credit lifecycle.
Use Cases:
- Ongoing affordability assessments
- Compliance with Consumer Duty regulations
- Proactive risk management to reduce defaults
Build Smarter, Fairer Credit Products
Teal's API isn't just a data feed. It's a platform for innovation. By anchoring credit decisions in real-time, verified payroll data, you can design products that truly reflect how people work and live.
Use Cases:
- Dynamic credit lines that adjust based on real-time income
- Automated affordability calculations for faster approvals
- Credit products that serve the modern workforce: salaried, freelance, or gig workers
Modular, Flexible Integrations
We know every lender is different. That's why Teal's API is designed to be modular and flexible, so you can pick and choose the capabilities you need and integrate them seamlessly into your existing systems.
Use Cases:
- Embed Teal into onboarding, underwriting, and ongoing risk workflows
- Combine Teal data with your own credit models and processes
- Deploy at your own pace, with minimal engineering effort
Build the Future of Lending with Teal
The days of static scores, outdated documents, and incomplete data are over. With Teal's API, you can transform your credit decisioning processes and build financial products that work for everyone.
Ready to learn more?
See how Teal can transform your income and employment verification processes.