Kwik-Decision is part of the Kwik-App solution which helps improve cash flow, increase efficiencies, optimize customer relationships and instill corporate and fiscal discipline.
Marginal applicants that do not meet the loan originator’s loan approval criteria are placed into an underwriting queue for manual review and the customer is notified that the application is pending.
Credit Bureau Integration
Kwik-Decision provides loan originators with instant access to one, two or all three national credit bureaus (Equifax®, Experian® and TransUnion®) from one application. This credit report software combines multi-bureau data into a standardized report format and eliminates duplicate trade lines for quicker analysis. Credit reports are delivered in just seconds to speed the finance process. FICO credit scores, fraud alerts, OFAC checking and other credit-related products are also available.
Kwik-Decision reduces credit risk through standardized and global credit models. Our credit report software guides underwriters through a consistent, appropriate analysis process using credit scoring models and policies that you define. Once credit data is collected and analysis is completed, the applied scoring model combined with automation rules can guide the credit team to make consistent and prudent credit decisions.
Download Kwik Decision data sheet