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Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Description

EPIC delivers a range of short-term consumer lending software solutions tailored for smaller loan amounts. The Installment Loans feature presents a complete amortization alternative for short-term lenders, enabling consumers to make consistent payments throughout the loan duration. EPIC accommodates both tribal and state-model lending practices, including Texas CSO/CAB. Moreover, Installment Loans facilitate the exploration of various payment options with borrowers to identify the most suitable choice. Users can establish their own internal guidelines and configure an underwriting waterfall, empowering lenders with tools to effectively manage the lead intake process. Nevertheless, some technologically proficient lenders are seeking a competitive advantage, and EPIC provides that through its EDGe (External Decisioning Gateway), which offers a robust and adaptable way to incorporate external decision-making into the standard EPIC underwriting process. This innovative feature enhances the overall lending experience, ensuring that lenders can meet diverse borrower needs more efficiently.

Description

Informed is an advanced platform that leverages AI technology to streamline the verification and decision-making processes essential for consumer lending, focusing on automating the validation of critical factors such as income, assets, identity, and residence. By employing machine learning and document intelligence, it adeptly processes a wide variety of document types and consumer-permissioned data sources, enabling real-time extraction, classification, and verification of vital information for quicker and more dependable credit evaluations. This innovative solution eliminates the need for manual reviews by swiftly analyzing loan applications, spotting inconsistencies, and resolving stipulations within seconds, thus significantly accelerating the underwriting and funding timelines. Furthermore, Informed seamlessly integrates with current loan origination systems and application sources, empowering lenders to automate verification workflows while maintaining their existing infrastructure. This platform also customizes income calculations based on specific lending policies and cross-verifies applicant information from various data inputs, ensuring a thorough and efficient assessment process. Overall, Informed transforms the lending landscape by promoting accuracy and speed in credit decisions, ultimately benefiting both lenders and consumers alike.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

Descartes Sellercloud
Flinks

Integrations

Descartes Sellercloud
Flinks

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

EPIC Loan Systems

Founded

2010

Country

United States

Website

epicloansystems.com

Vendor Details

Company Name

Informed

Country

United States

Website

informediq.com

Product Features

Mortgage and Loans

Amortization Schedule
Client Database
Closing Documents
Commercial Mortgages
Contact Management
Credit Reporting
Customer Statements
Document Management
Electronic Applications
Government Loans
Loan Origination
Loan Servicing
Pipeline Management
Pre-Qualification
Refinance Management
Residential Mortgages

Product Features

Fraud Detection

Access Security Management
Check Fraud Monitoring
Custom Fraud Parameters
For Banking
For Crypto
For Insurance Industry
For eCommerce
Internal Fraud Monitoring
Investigator Notes
Pattern Recognition
Transaction Approval

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