It allows you to record the personal details of a borrower – Contact information of address, telephone numbers, employer details
Ability to record Employer Details – Employer and Employer’s address
Ability to record Bank Details – Bank address and Bank statement
Ability to record joint borrower’s information
Ability to record the References provided by the borrower
Borrower management provides for parametric search for retrieving borrower information and conducting transactions.
You have the provision for marking the borrower as bankrupt, to avoid providing loans to such borrowers.
The solution provides for a comprehensive integrated collections and call management process
Rule set-up in the business rules engine restricts the borrower to obtain loans from different store locations
Risk assessment engine collaboration helps you to assess the credit worthiness of borrower to issue a loan
Automated loan limit calculation based on various business rules
The ‘Mark borrowers bad’ functionality marks the not so worthy borrowers bad, to avoid bad debts
It enables transfer of borrower’s accounts from one store to another whenever requirements comes up
Allows collection efforts to be easily monitored
It provides for easy registration of check cashing borrowers by capturing few important details
The borrower doesn’t require to register separately for loan, to perform check cashing transactions