Case Study: Vola improves credit health and loan management with Method

Vola - Customer Case Study

Vola, a personal finance company enhancing financial literacy for the underbanked, wanted to build a Loan Dashboard feature to help users manage debt and improve their credit scores. The challenge was obtaining comprehensive, real-time data on user loans, as traditional credit reports often lag by up to 60 days. To power this feature, Vola partnered with Method to leverage its consumer-permissioned financial data service, Method Data.

Using Method's real-time data connectivity, Vola provided users with a consolidated view of all their loan accounts, including balances and payment dates. This solution led to a 10x increase in Loan Dashboard users and a 50% increase in time spent on the Vola app. Most significantly, users saw an average credit score improvement of 31 points, demonstrating Method’s critical role in advancing user financial health.

Vola

Tushar Bagamane

Chief Executive Officer