5.75C Implementing the 247 Lender Decision Model

Lender*VP

Summary

Saying “Yes” is a 24 by 7 requirement with today’s credit union member.  If your credit union is going to stay relevant in your members’ lives, you have to be willing to work when the member is ready.  You must model loans and extend yourself to every automated channel you can. 

That’s where 247 Lender comes in.  247 Lender is a CUSO-owned decision model that lets you give automated approval 24 hours a day, 7 days a week, through all of your delivery channels.

Come learn how you can implement 247 Lender and take fall advantage of it throughout your entire organization.

Also visit: http://www.lendervp.com

Audience

This class is designed for credit union lending leaders and loan personnel.

Objectives

By the completion of this course, students will have:

  •         Reviewed the features and benefits of the 247 Lender Decision Model
  •         Examined configuration options
  •         Discussed the steps required to implement 247 Lender
  •         Reviewed how 247 Lender affects day-to-day lending activity

Topics

  •         Getting Started with 247 Lender
  •      Changes to Your Loan Policies
  •      Developing a Plan
  •         Configuring 247 Lender Minimum Requirement Filters
  •         Configuring Your Approval Matrix
  •         Configuring Loan Delivery Channels
  •         Configuring Risk-Based Pricing
  •         Activating 247 Lender
  •         Pulling Decisions and Viewing Decision Details
  •         Monitoring 247 Lender Decisions

Course Offerings Schedule

Future times and dates are to be determined.