Feeling the pain of compliance letters?
defi SOLUTIONS has a cure!
Joining with new defi Integration Partner CEDAR Document Technologies, we’re making it easier for lenders to remain compliant while reducing the time and money they spend on mailing adverse action letters.
We’re bringing automation to an outdated process that has plagued auto lenders for far too long.
Auto lenders today can spend $2 or more per non-approved loan applicant — on processing, paper, envelopes, postage and delivery — to send Adverse Action compliance letters. The process is inefficient and outdated, and costs add up quickly.
The new partnership offers:
- Seamless integration to Cedar Document Technologies services
- Secure creation, automation, and email delivery of mandatory Adverse Action letters
- Lower costs and greater efficiency
Read more about the partnership between Cedar Document Technologies, the experts in auto finance online web/mobile loan servicing and multichannel document delivery, and the defi SOLUTIONS loan origination system (LOS).
defi SOLUTIONS provides configurable loan origination systems, loan management and servicing, analytics and reporting, and a wide range of technology-enabled BPO services. If you’re struggling with the limitations of your current lending technology solutions, take the first step in realizing the benefits of modern technology. Contact our team today or register for a demo.