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. |