Category

Loan Origination Software

Loan Origination Software

CUNA Governmental Affairs Conference

By | Credit Unions, Loan Origination Software

March 10-14, 2019, Washington, D.C. Looking forward to seeing everyone at the CUNA GAC next week in Washington DC. Come by our booth (270), sign up for a Demo and get a gift card… You’ll also be eligible for an Amazon gift card by signing up here: allegroloan.com/gift A cloud-based loan origination platform, Allegro™ represents the next generation of powerful lending software, enabling lenders the flexibility to manage input, process…

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Conductor Simplifies Managing Multiple Indirect Programs

By | Indirect Lending, Lending Suite Features, Loan Origination Software, Partnerships

LSI found a way to manage multiple client credit unions’ underwriting needs through Allegro Lending Suite’s Conductor platform. LSI provides various loan-related services, including afterhours underwriting, solutions for indirect lending and more for hundreds of credit unions. When an Allegro client seeks afterhours support, they can get that assistance through LSI, and LSI can then see all the joint clients’ indirect loan applications in queue through the Conductor platform. Conductor…

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Paperless Indirect Lending Has Never Been So Simple

By | Lending Suite Features, Loan Origination Software, LOS System Software

If you have an indirect lending program chances are you’re wasting a lot of time and money shuffling papers. Your dealers are probably sending you funding packets by some sort of courier service. This costs a lot of money, and it drags out the time until they get paid. When the packets arrive at your office for funding, more time is wasted shuffling through and sorting the documents, then scanning…

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Automation Advances Auto Loans

By | Loan Origination Software

Will McGregor is quoted extensively in Credit Union Magazine article.   Like the six blind men asked to describe what part of an elephant they were touching–trunk, leg, ear, tail, etc.–summarizing auto lending software in one word isn’t easy. • Is it customizable? Yes. • Can you generate other types of loans with it? Yes. • Once you make an auto loan, can the software protect you from fraud? Mostly. Custom design is…

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DILLS Helps Users Comply With Risk-Based Pricing Rules

By | Loan Origination Software

Even though the Rules went into effect on January 1, many remain confused about how to comply.   The Compliance Q&A article on page 51 of the January issue of Credit Union Magazine includes the following question: “Who’s responsible for providing the risk-based pricing notice in an indirect lending transaction: the auto dealer or the credit union?” Apparently the magazine editors believe that a fair amount of confusion still exists…

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ILT and CO-OP Launch Partnership to Expand Client Services

By | Loan Origination Software

Credit unions can’t let any opportunities get away.   Integrated Lending Technologies, LLC has entered into a strategic partnership with CO-OP Member Center, a wholly-owned subsidiary of CO-OP Financial Services, to enhance service to lender and dealer clients. ILT provides a complete Web-based system for managing indirect lending for vehicle and other equipment dealers and lenders known as Dealer Indirect Lending and Leasing System™, or DILLS™. CO-OP Member Center provides…

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ILT and ABCoA Launch Systems Integration

By | Loan Origination Software

“Much of our recent growth has been in the subprime segment, and our clients specializing in this market are particularly interested in increased efficiencies.”   Integrated Lending Technologies, LLC (ILT) and Advanced Business Computers of America, Inc. (ABCoA) completed the integration of ILT’s DILLS™ system with ABCoA’s Deal Pack® Dealer Management System. DILLS™ is an indirect loan origination system for auto lenders, and Deal Pack® is a scalable, Windows-based solution…

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