MLA Solution Comparison
There are a few options to consider when managing your MLA requirements. Below is a comparison of Quandis MLA vs other typical options.
|No Search||Manual Search||Credit Report||QMS|
|Safe Harbor||High Risk of Fines||Medium Risk of Fines||Medium-Low Risk of Fines||Low Risk of Fines|
|Cost||—||$1-2 / search||$3-10 / search||< $0.10 / search|
|Notes||You clearly like to live on the edge, what with the risk of fines, not to mention class-action lawsuits.||Manual labor is expensive, and typical re-keying error rates of 2% cause missed hits, increasing risk of fines.||Credit can be cost-prohibitive for small-dollar loans, and credit bureaus don’t offer name permutation searching.||The cheapest risk management tool in your toolbox.|