CU*Answers, the 100% credit union-owned data processing CUSO, is helping credit unions look for new ways to expand their lending portfolio. Retailer Loan departments now have a way to change their games for the future.
1-Click Loans bring a new approach to how credit unions can promote loans to members, by pre-approving members without an application, credit pull, or underwriting. The credit union can build a list of members who qualify for the product based on the institution’s guidelines. Members who qualify will then see an offer in online banking that they can accept at any time. Once the member accepts the loan, those funds will be immediately available for transfer.