How to Read TurboPass Bravo Reports

1. TurboPass Proprietary Code

- The unique code that differentiates each TurboPass from one another

- Can be shared with some lenders rather than sending the PDF 

2. Consumer / Applicant Name

3. Report Date Start / Finish

4. * Data provided by the financial institution

- Name

- Address

- Email

- Phone #

5.  TurboPass Proprietary Code

6. Input Fields Provided by Consumer

- First / Last Name

- Email

- Phone # (generally cell number)

7. * Output data provided by the Financial Institution

- First / Last Name

- Email

- Phone # (generally cell number)

- Report Period (in days)

- Requested By (Dealer / Lender)

- Requested Date/Time Stamp

8. List of any / all accounts reporting on Banking (Bravo) Report

9. A link which directs readers to this article

* This information is sourced directly from the financial institution. There may be missing information due to privacy settings on the consumer's account or the financial institution's policies on sharing specific information with third parties.

If this information is missing, refer to the following article

• Missing Accounting Information

1. Account Details: Provided by the financial institution.
Includes:
- Customer Name
- Account Number (last 4)
- Account Type (checking / savings)
- Account Owners: Joint ownership will
be included in this section

2. Quick View: Provides a high-level overview of the consumer’s financial position in that specific account. Two (2) data points are
included:                                                                                                                                  - Total deposits (all deposit types) in the
last 90 days
- Average monthly deposits (all deposit
types) in the last 90 days

3. Baseline: Calculated as days 31-120 divided by 3. 

4. Primary Deposits: ⭐These deposits are considered by most lenders as the customers primary income⭐ They are broken into 3 categories:
1) General Deposits – All deposits, expect ATM / P2P / Internal Transfer / Refunds / Credits / Loan Advances
2) ATM Deposits – Cash / check deposits made at an ATM                                          3) P2P Credits – Credits issued via Zelle, Venmo, etc.

5. Other Deposits: These deposits are NOT considered by most lenders as income. They are broken into 3 categories:
1) Internal Transfers – Credits resulting from movement of funds across multiple accounts owned by the customer
2) Refunds / Credits – Credits issued which can be classified as one-time payments such as Tax Refunds or any gov’t issued refunds
3) Loan Advances – Credits received resulting from loan payments from financial institutions

6. Insights                                                                                                                                  1) Days Negative – # of days the account was in a negative position during a specific period.                                                                                                                     2) Overdraft / NSF Fees – # of times a fee was issued due to Overdraft and/or NSF during a specific period.                                                                                             3) Withdrawals – total debits during a specific period                                                 4) Net - Total Deposits minus Withdrawals                                                                    5) Average Balance – Average balance maintained in the account during a specific period. Calculated by averaging the Total Deposits minus the average of Withdrawals.