Loan By Phone Explanation

In today's increasingly competitive marketplace, consumers are faced with a multitude of options when they are looking for loans to satisfy their personal financial needs. Automobile dealerships, leasing companies, retail stores, and other financial institutions are all competing with you for a share of your potential loan business. Consumers may choose the most convenient financing method; regardless of the rate, term, or repayment methods available. The AnyHour Loan-By-Phone service is a live-operator, 24 hour lending service that has proven to be one of the highest quality and lowest cost systems of its kind. The AnyHour Loan-By-Phone can help you increase loan volume by giving you an extraordinarily convenient method of providing your loan products to consumers around the clock.

You can use the AnyHour Loan-By-Phone to offer any type of loan to applicants including automobile loans, home equity loans (and lines of credit), mortgage loans, personal loans, and credit cards. The AnyHour Loan-By-Phone system is completely customizable to fulfill your needs. Our software allows support of risk based pricing and/or relationship pricing. We train our operators to complete loan applications and guarantee that the applications we receive are on your desk within ten minutes.

Best of all, the AnyHour Loan-By-Phone service is completely transparent to consumers. Applicants will think that they are speaking with a loan operator from your financial institution. After being greeted with the name of your institution, callers can request information, rates, or payments about any of your loan products or they can apply for a loan. Once the application is received, AnyHour Lending can even offer immediate approval of the loan based on specific criteria that you specify. Loan applications that don't meet these standards are sent to you for a decision. If you prefer, all loan decisions can be left to your loan underwriting staff for approval.

The AnyHour Loan-By-Phone service will give your financial institution the ability to reach out to potential loan customers at very little cost. Pay a small one-time setup fee to cover the costs application and decisioning engine programming and you are off and running. Compare that with some of the other loan-by-phone services available today. No annual fees. No monthly service charges. Attract new loan business. Control your overflow. Maintain existing staffing levels. Increase loan refinances from other financial institutions. Stop having your loan officers complete loan applications. Contact us today to sign up for the AnyHour Loan-By-Phone!