We’re Preparing to Move from 247 Lender to the FUEL Decision Model

As many of you are already aware, we are in the process of shifting all online credit unions to our new Sync1 interface for pulling credit reports from the bureaus.  So far over 100 credit unions are pulling reports daily via this interface, and more are moving to it every week.

Now we are excited to start promoting the new decision model available via the Sync1 interface.  Our FUEL (Forecasted Underwritten Express Lending) Decision Model offers many features our credit unions requested, at a much lower per-decision cost than our previous model available through Zoot (247 Lender).  FUEL was first introduced with the 20.11 release, and now we are making plans to move all credit unions away from our old model via Portfolio Defense and Zoot and onto FUEL instead.

For more details, read our announcement.

Curious how your credit union could benefit from a decision model?  Use a model now and want to understand what the shift to FUEL would entail?  Want to see a product demo? 

Contact Lender*VP:  lendervp@cuanswers.com

Visit the store:  store.cuanswers.com/product/fuel-decision-model

Join Lender*VP for a Conversation on Loan Application Withdrawals!

Join Lender*VP for a Conversation on Loan Application Withdrawals!

Join Lender*VP for our upcoming Conversation On Loan Application Withdrawals!  Come share with us how your credit union currently handles withdrawn loan applications, and help us brainstorm what possible enhancements we can make in the future! Wednesday, April 24th 3:00 PM – 4:00 PM ET Register Today Want to stay connected on all our upcoming… Read more »

Apr 18, 2024

Arriving 4/23: Modification to Monthly Renewable Credit Disability Premium Calculation

Arriving 4/23: Modification to Monthly Renewable Credit Disability Premium Calculation

You are receiving this email because your credit union was recently contacted and asked to update your Monthly Renewable Credit Disability Premium Calculation via Tool #465.  The reason for the update to that configuration is due to Project #60479: Modification to Monthly Renewable Credit Disability Premium Calculation, which will be deployed on Tuesday, April 23rd,… Read more »

Apr 18, 2024

Join Lender*VP for a Conversation on Loan Application Withdrawals!

Join Lender*VP for a Conversation on Loan Application Withdrawals!

Join Lender*VP for our upcoming Conversation On Loan Application Withdrawals!  Come share with us how your credit union currently handles withdrawn loan applications, and help us brainstorm what possible enhancements we can make in the future! Wednesday, April 24th 3:00 PM – 4:00 PM ET Register Today Want to stay connected on all our upcoming… Read more »

Apr 17, 2024

Arriving with CU*BASE 24.05: New Configuration Options for Interest-Only Loans

Arriving with CU*BASE 24.05: New Configuration Options for Interest-Only Loans

Attention credit unions who offer interest-only loans to members Arriving with the 24.05 CU*BASE Release, we will be implementing a project that will add new loan configuration options for handling principal curtailment payments on interest-only loans.  In advance of this project’s deployment, Lender*VP will be hosting two webinars on April 25th.  We will discuss how… Read more »

Apr 15, 2024