Frequently asked questions
Here you can find technical documentation and additional materials on the Compassway project
About Product and Services
Our application boasts a seamless user experience across all channels, complete with data validation and integration with external sources. The system provides instant decisions and personalized offers, with capabilities that include debt consolidation, restructuring, and customer negotiation. The loan disbursement process is fully automated, and our interfaces are designed to be user-friendly and intuitive. . Our lending management solution offering the fastest time to market with maximum configuration freedom. Consumer lending software easily integrates with existing systems or third-party providers through simple API integration.
What Loan Products are supported by Compassway
Align in-house financing with your business goals and objectives. In-house financing can increase sales, customer loyalty, and operational efficiency.
Compassway lending software closes the full lifecycle of the lending origination process. From loan application, borrower assessment and credit decisioning to servicing self service repayment , reporting, and more. Our unified solution allows you to manage the entire lending process from one admin panel, which allows you to increase the efficiency of management.
Definitely yes. The Compassway system allows you to create an unlimited number of products. You can flexibly customize all loan products as far as you can imagine. In addition to product settings, you also have the ability to manage the rules of a powerful AI decision engine and scorecards settings.
Absolutely yes. The possibilities for integration are unlimited. The solution includes API management functionality to easily integrate third-party products and services with your lending portal.
Yes, the system supports the following IR calculation logic depending on number of days in a month and in a year: 30/360, 30/365, fact/365.
The System incorporates an automated loan approval feature that is based on specific risk scores. This functionality allows for customization of the scorecard and decision rules, ensuring that only eligible loans are sanctioned. Additionally, the System facilitates risk-based pricing, which enables the tailoring of terms to a borrower's position on the credit-risk spectrum.
Yes, the system supports the following IR calculation logic depending on number of days in a month and in a year: 30/360, 30/365, fact/365.
Yes, the system supports the following IR calculation logic depending on number of days in a month and in a year: 30/360, 30/365, fact/365.
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