Highly Configurable Consumer Loan Origination System
The ACTion loan origination system automates and simplifies the process for all types of consumer loans including direct, indirect, mobile/online, merchant, credit card and real estate. It is a highly configurable platform that provides omni-channel access, real-time credit policy control and easy-to-perform workflow administration.
Robust decisioning and configurable workflow in an expert system
Responsive design enables digital branch experience and intuitive interview-style workflow via mobile devices
Omni-channel access including mobile, online, branch, auto dealer, merchant and call center applications
Supports direct, indrect, mobile/online, merchant, credit card and real estate for consumer lending
Single platform that supports both consumer and business lending and integrates with ACTion Deposit Account Opening for cross selling during the on-boarding process
Connectors to over 100 third-party integrations including major core systems, dealer portals, settlement services and credit insurance providers
SaaS or site license deployment
Compliant with HMDA, HOEPA, CRA, TRID, MLA and Fair Lending regulations
Integrates with CRIF's analytics framework to provide analysis and improvement of automated decisioning
The CRIF ACTion loan origination system provides all of the business and consumer flexibility with significantly less cost than a customized system, giving you real-time credit policy and easy-to-perform workflow administration capabilities.
Delta Community Credit Union recognized a need for loan process improvement. This case study shows how CRIF ACTion eliminated redundant data entry and increased automated decisioning from 15 percent to 37 percent.
Great Southern Bank executives were looking for a loan origination system that would help them carve out more of the indirect lending market. This case study shows how full automation of their indirect lending process has helped grow market share, improve dealer relationships, and better maintain compliance.
In order to compete effectively during tough economic times, Harborstone Credit Union turned to CRIF ACTion to streamline their lending process. This case study shows the incredible results they achieved by implementing a new loan software solution.
ACTion has enabled Meritrust to reduce human error, increase auto decisioning and create a vastly streamlined lending process. Auto decisioning increased from approximately 10 percent for both direct and indirect to 31 percent for direct and 40 percent for indirect. Automation for unsecured loans jumped to 41 percent.
Neighbors Federal Credit Union had loan processing problems due to poor usability functions of the user interface as well as the absence of system validations and checks. This case study shows how CRIF ACTion helped streamline Neighbors’ direct and indirect lending operations.
Seven Seventeen Credit Union realized its loan origination system was not equipped to properly help refine its portfolio quality and drive loan growth. This case study shows how CRIF ACTion's configurability and powerful decision engine were the perfect solution.
When it comes to technology, getting the right answers and the right solutions to meet your needs often depends on asking the right questions. So, if your financial institution is embarking on a search for a new – or your first – loan origination system, what are the crucial questions you need to ask to help ensure you get the system that’s right for you? Here are 10 questions we suggest you ask yourself.
Lenders of all sizes across the country have enjoyed greater benefits by migrating from the Mark IV platform to the ACTion loan origination system, and Great Southern Bank is just one example. This webinar shows you how this was accomplished.
This webinar shows you how ACTion’s latest integration with FirstClose’s industry-leading settlement services solution will improve overall efficiency of your operations as well as service to your customers and members.
Schedule a consultation
Need more information about ACTion Consumer Lending? Schedule a consultation. Speak with a knowledgeable CRIF Lending Solutions representative to answer your questions, see a demo or discuss your project in greater detail. We have your solution!