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Loan Lending App Development

Taking loan can be a complicated process but complication 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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Dynamic functions

An application dynamically creates documentations requirements based on loan characteristics.

Minimal paperwork

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

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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.

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Work process of Finance
Mobile App Development

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

1

Consumer Credit Applicants

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

2

Collect 3rd-Party Data

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

3

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.

4

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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Technology
stack That we use

Our development teams only use modern and scalable technologies to deliver a mobile or web application the way you mean it.