New credit solutions
Enter the unsecured credit market.
At CreditCor we partner with best-in-class providers to offer a full-service lending origination and management capability. This is achieved via building on the core and integrating with the right partners. Our solution supports the review, analysis, collaboration and decision making of credit applications.
We have the capabilities to design & develop a unique customer centric credit application process, which streamlines the customer journeys, reduces turnaround times and improves servicing.
Lending management solution
The top features of our lending management solution:
- Accessibility: Scale during peak workloads using cloud infrastructure to best ensure optimal availability. This includes offering an Omni channel so the customer can access the system, how and when they prefer.
- Servicing different loan types: We support a wide variety of loan types allowing for fast future growth. Loan types include term loan, revolving loans, credit cards, secured lending, overdrafts, POS lending and Buy-Now-Pay-Later.
- Central data storage: Every stage of the lending process involves working with customer data.
- Integrated credit: Ability to integrate into traditional bureaus as well as modern behavioral scoring engines.
- Automation of routine processes: Using robotic process automation to streamline simple rule-based processes is the key to a fully automated process. Automation accelerates loan origination and processing and accounts for increasing client satisfaction while avoiding human error.
- Third-party integration: We have the capability to integrate with other enterprise software providers for AI functions and PFM (Personal Financial Management). Leveraging big data is another hallmark of excellent loan servicing integration software. Not only does it help to generate reports but also enables companies to detect patterns in customer behavior and come up with new products and offerings.
- Security: The lending process ask for highly sensitive data, and for both lenders and customers, security is a matter of paramount importance. We deploy advanced security capabilities, and ensure the highest level of customer, data, and network protection.
Loan Process Automation
Reduce your turn around times and increase take up rates
- Preformulate offers based on the best "bang for buck" for the customer.
- Implement our workflow tool to optimize navigation between steps. Workflow data is saved at every step for reporting and process optimization purposes.
- Use document management to provide alternative ways to customers to provide documents. Then apply auto extract and classification of documents.
- Overlay an engagement engine to keep your customers informed every step of the way.