Sales Agent Solutions References
Description
The pre-scoring process is one of the best ways for financial institutions to reduce risk and conserve valuable resources. Banks and credit card companies use credit scores to evaluate the potential risk posed by lending money to consumers and to mitigate losses due to bad debt. Lenders use credit scores to determine who qualifies for a loan, at what interest rate, and what credit limits. The use of credit or identity scoring prior to authorizing access or granting credit is an important component of any trusted system. Pre-scoring is the most effective tool to pre-filter loan requests.
The scoring process is not limited to banks. Other organizations, such as mobile phone companies and government departments employ the same techniques. Credit scoring also has a lot of overlap with data mining which uses many similar techniques.
In addition, the recorded customer data can be used later for a loan application, so it need not be twice entered.
Our solution, called the Sales Agent / Pre-Scoring and offer, is the main tool supporting this process. Here we’d like to describe our application’s main functions.
Sales Agent - Pre-scoring and Offer
Main features
Mortgage and Commercial bank calculations
The calculation engine is based upon the standard credit lending forms which are used by lending organizations. The calculation engine can be used for Mortgage calculations,, Commercial loan calculations and it is also used by the customer for calculations.
Calculation registry
The recorded calculations can be reloaded in the system calculation engine, and new calculations can be applied. The agent can export them, simply print them, or a Code of Conduct pdf document can be generated.
Parameter packages
The parameter table’s configuration tools enable you to personalize the application settings and criteria.
Customer calculation
The customer calculation functions are used to create a credit score for potential customers to estimate the risk and conditions of their prospective loan.
