Loan Lending App Development

Taking a loan can be a complicated process but complications can be minimized. Earlier applicants have to fills the application form & make round trips towards the bank for further process. Now all this related problems can be easily solved with our Loan Mobile App Development process.

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One-Time Cost
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Save Time & Money
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Own Your Code
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Free Technical Support
User-friendly
Complete digitization
Easy Loan request
Check Eligibility

Dynamic functions

An application dynamically creates documentation requirements based on loan characteristics.

Minimal paperwork

Since the app gave user a lots of function to perform it requires very less paperwork.

CIBIL analysis

It categorizes loans by complexity, understand & maintain an individual records, credit report & based on analysis user loan approves or reject.

Complete management

Manage the complete project like financial history, personal history, pledge, collateral, etc.

Work process of Finance Mobile App Development

Workflow of customers to get credit offers to meet their immediate financial needs in four easy steps.

01
Consumer Credit Applicants

The applicant will create an account, enter their basic profile details in the application and apply for the loan they seek.

02
Collect 3rd-Party Data

The system collects the applicant data from 3rd party agencies and credit institutions such as FICO, Equifax, Experian for analysis.

03
Generate Credit Score

After collecting the data, the system will generate a credit score of the applicant based on Ferratum’s credit models using data science.

04
Applicant Receives Approval

In the final step, the applicant will receive the status of their loan application.

KEY BENEFITS OF Loan System On Demand Development

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Loan Application

The borrower can create a loan application that would be forwarded to a lender for acceptance.

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Discreet Procedure

Borrower can easily find lenders over the website any intervention.

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Application Management

The borrower can manage all their applications and track the status of their loan application.

Looking for Other Services?

Explore our other related services to enhance the performance of your digital product. 

Contact Us

USA

+ 1 (856) 272-1112

5 Brentwood Place, Monroe Township, NJ 08831, USA

UK

+44 (115) 888-0557

11, Barringer Way, St. Neots, Cambs. PE19 1LW

India

+91 (141) 404-7957

41, Mtoag House, Goverdhan Colony, New Sanganer Road Sodala, Jaipur - 302019

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