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Third-party lender modernizes its origination system to improve the indirect loan experience

Case Study

Third-party lender modernizes its origination system to improve the indirect loan experience

Client: Third-party lender specializing in home improvement financing 

Challenge: The lender wanted to replace its existing loan origination system with a more sophisticated system that would enable faster strategy changes, greater efficiency, and increased customer and vendor satisfaction. 

Solution: FICO® Origination Manager 

Results: The lender enhanced its customer-facing application process and reduced the amount of time it takes to both process and decision new applications. It also allows quick and easy strategy updates in order to become more competitive in the market.