This synchronous API extract in real-time relevant information from Heritage Credit Agreement document such as holder’s Name, Address, Contract Number, Contract Start Date, Contract End Date, Credit Amount, Interest Rate, Credit Duration, Repayment Terms, Associated Insurances, Late Penalties, Rescission Conditions, Guarantees, Total Credit Cost and Additional Fees.
Verifying Heritage Credit Agreement documents is important for several reasons. Firstly, it ensures the authenticity and validity of the document, preventing any fraudulent activities. Secondly, it allows financial institutions to verify the accuracy of the information provided by the holder, ensuring that all the necessary details are correct. Lastly, it helps in assessing the creditworthiness of the holder and determining the terms and conditions of the credit agreement.
The API model also performs verification checks in order to control Document Validity and Data consistency.
Maximum file size: 5 MB.
Maximum number of calls per minute: 10 calls.
For better results, it is highly recommended to provide documents under these properties :
- The image resolution should be greater than 200 DPI
- The document must not be blurred or rotated
- In case of a photo document, make sure that the text area does not contain any highlights or shadows
- The entire document must be in the frame
