CLOUDecision consumer finance loan origination, underwriting, built-in score card and decisioning is a dynamic consumer lending workflow designed to meet your needs.
CLOUDecision consumer finance offers several options to process a consumer loan application for a mortgage, credit card, HELOC, auto loan, debt consolidation, and other consumer loans. It has a built-in score card for each consumer product. It provides an automatic decision matrix to help approve, decline, or make exceptions for all loan submissions.
Provide quick decisions of the loan based on score cards
Enable override decision capabilities
Categorize loans in several buckets including approve, decline and to be reviewed
Enable user level loan approval threshold
Provide workflow management from consumer finance loan origination to decisioning
Produce all credit documents in just one click
Generate customizable Presentation Reports for Decision Makers
Complete application processing including expanded relationships with existing customers and identification of new customers
Be compliant with embedded exception management, policy reinforcement, collateral valuation and tickler tracking