LoanCenter Consumer was designed to help you increase your loan volume with speed, simplicity and consistency across all sales channels while reducing cost and risk.
Thats the bottom line. Not only is LoanCenter Consumer designed to handle direct and indirect loans, it goes further by including the ever-increasing sophistication required for Internet-based loan processing.
While LoanCenter Consumer evaluates credit data and facilitates credit decisions in all areas of consumer lending (including prime and non-prime consumers), it does much more to help you increase your loan volume. LoanCenter Consumer provides the loan fulfillment so crucial to booking loans in today’s lending environment, such as document preparation or ACH transfers. Users report improved time service, lower risk, better consistency and reduced cost as the attainable precision can yield low exception rates. Low exception rates means that the system can automatically approve, decline and price many credit applications that do not require a loan officer’s time or expertise.
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