There are probably very few business functions that are as complex, and customer focussed as the loan origination system (LOS)! From when a loan request reaches a lending organization to loan disbursal, the process involves multiple phases and people. Added
Introduction: Loan origination system (LOS) starts when the lending entity receives a loan request and continues all the way till the loan is funded or rejected. LOS is important for lenders because it plays a significant role in allowing the
Shiny, pure and incredibly valuable, gold is the metal that’s capable of transcending cultures, languages and businesses. Although the occurrence of this precious element can date back many millennia, gold has featured as a form of currency only since 550
Many are faced with unexpected financial difficulties when a day or even an hour seems too long to wait for a loan to get approved. This is one such instance where a payday loan could come in handy. Among the
In a fast-paced, competitive world of the lending industry, financial institutions are continuously looking for ways to improve their offerings and profit margins. No matter the type or size of a financial institution, the inclination of lenders towards technology has
Introduction Planning to take a loan for yourself? The capital required to purchase the entire asset would be high. Purchasing an asset out of your savings is impractical. But you still want to go ahead? The easiest way to raise
Priyank Raj from Mumbai was in a fix. He had applied for a loan but his application was rejected as his CIBIL credit score didn’t generate enough data to establish his creditworthiness for the new loan. Like Priyank, many hopeful
[vc_row][vc_column width=”3/4″][stm_post_details][vc_column_text]When it comes to the purchase of assets such as vehicles or real-estate, the requirement of capital to buy an entire asset out of savings is impractical. For buyers who look to purchase such as assets in a short-time
[vc_row][vc_column width=”3/4″][stm_post_details][vc_column_text]If someone told us a decade ago, how mobility is gonna make sweeping changes in every aspect of our life, we would have scoffed. But look at us today, mobile phone and technology have become an integral part of
[vc_row][vc_column width=”3/4″][stm_post_details][vc_column_text]If you always believed that there is no other source keeping a track of your loans and repayment responsibilities other than the financial institution or bank you are dealing with, think again! In 2000, CIBIL (Credit Information Bureau India
