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
Efficiency High Low Variable High
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.