Overdraft claims with irresponsible lending opportunities layered on top.
Clear Law
Lead specification. Minimum six consecutive months' overdraft usage within a 24-month period, with quantum calculated across the full 24 months. Every client arrives with a credit report and a signed DBA and LOA, so the lead-to-signed rate is fixed at 100%.
Product and pricing
Choosing a quantum tier reloads the published prices and the redress bands. Every figure stays editable afterwards.
%
Overdraft claim
£
£
Irresponsible lending opportunities
%
£
£
%
Total lead spend—
All-in cost per lead—
Spent on overdraft—
Spent on IL opportunities—
Revenue share payable—
Conversion
The retainer is already signed at source and the lender is identified before signing, so the only leakage is duplicates and clients who withdraw.
100% — fixed, DBA and LOA signed at source
0% — fixed, lender identified before the LOA is signed
%
%
%
Live clients—
Survival rate—
Cost per live client—
OB-backed at decision—
Claims and outcomes
One overdraft claim per client, plus the IL opportunities purchased. Rejected claims get a second run at the Ombudsman.
Overdraft claims
%
%
Irresponsible lending claims
%
%
Ombudsman
%
%
Total claims raised—
Overdraft claims—
IL claims—
Claims per lead—
Blended uphold rate—
Redress quantum
The tier is a floor, not an average, so the overdraft book is split across bands. Edit the amounts and the weights.
Overdraft band
Average redress
Share of upheld OD claims
At the floor
£
%
Mid
£
%
Large
£
%
Very large
£
%
Weights total 100%.
£
%
%
Weighted average OD redress—
Net fee per upheld OD claim—
Net fee per upheld IL claim—
Redress recovered for clients—
Cost to serve
Everything it costs to work the tranche once the leads are bought.
£
£
£
£
£
Cost to serve—
Cost per upheld claim—
Annualised return—
Sensitivity
Profit per lead bought, in every grid. Anything not named in a grid holds at the assumption above.
Uphold rate against overdraft lead price
Rows move all uphold rates together; columns move the overdraft lead price at both open banking states.
Redress quantum against fee rate
Rows scale every redress figure, overdraft and IL, up or down together; columns vary the fee charged on redress.
Open banking mix against IL opportunities purchased
Rows vary how much of the tranche arrives with open banking; columns vary how many of the IL opportunities you buy. This is the pricing decision the two tiers really turn on.
IL uphold rate against provider revenue share
Rows move the IL uphold rates only; columns vary the share the provider takes of IL fee income. The overdraft claim is untouched in this grid, so what moves here is entirely the bolt-on.