Broker Monthly | April 2025
Personal loan auto decisioning
Faster approvals with personal loan auto-decisioning
We’ve made it even easier for you to deliver fast finance outcomes to your clients. One of our latest product enhancement enables certain personal loan applications to be auto-approved within minutes of submission.
That means you can let your eligible customers know the outcome almost immediately, no waiting, no follow-up required. It’s all about helping you move quicker and improve the customer experience.
In April, close to 1 in 5 personal loans were approved through our straight-through processing (STP) capability, a big win for both brokers and borrowers.
Want to increase your chances of achieving instant approvals? We’ll be hosting a short training webinar soon, where we’ll walk through:
- The key criteria that influence auto-approvals
- Tips to help reduce friction in the submission process
- Common roadblocks that lead to manual reviews
Keep an eye on your inbox for the invite or reach out to your RM or BDM if you’d like to get a head start.