|
Real-Time
Decision Service
rtDS enables lenders to provide Internet loan applicants with an
immediate decision. Within minutes, rtDS helps Internet lenders
to make and communicate decisions to loan applicants based on each
lenders specific credit policy. rtDS accesses the applicants
credit report, calculates the credit score, calculates financial
ratios, applies the lender's underwriting criteria, and returns
a decision to the lender's web server for immediate communication
to the applicant.
Key Benefits
- 7 days a week / 24 hours a day
availability
- Immediate answer for the loan
applicant
- Patented closed-loop decisioning
process
- Implements full lending policies to
financial institution
- Ability to refer selected applications
to lender personnel for automation-assisted decisions
|
