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Alaska USA Federal Credit Union Enhances Indirect and Direct Consumer Lending Capabilities with APPRO Systems' LoanCenter Consumer.

Publication: Business Wire
Publication Date: 12-SEP-05
Format: Online
Delivery: Immediate Online Access

Article Excerpt
BATON ROUGE, La. -- APPRO Systems, Inc., an Equifax company and the leading provider of automated credit risk management and financial technologies for the lending industry, announced today that Anchorage, Alaska-based Alaska USA Federal Credit Union has purchased and installed a Site License version of LoanCenter Consumer(TM), APPRO's automated credit evaluation system developed to meet the special needs of consumer lenders.

Prior to purchasing LoanCenter Consumer, the credit union was unable to automate the decisioning process and desired to upgrade its system to effectively handle its growing volume of consumer loan requests. The credit union looked to LoanCenter Consumer to automate more loan decisioning, support risk-based pricing and provide extensive management reports.

"We needed a system with...

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