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We’re bringing automation to an outdated process that has plagued auto lenders for far too long.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 The process is inefficient and outdated, and costs add up quickly.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 a cloud-based, configurable loan origination system (LOS), pre-integrated with a wide range of fintech lending services. If you’re struggling with limitations of home-grown lending solutions, take the first step in realizing the benefits of cloud by contacting our team today or registering for a demo of defi LOS.
Get in touch with us today and get a demo!
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