VLOANS SYSTEM — VEHICLE LOAN SERVICING SOFTWARE
Designed for lenders servicing loans on autos, trucks, RVs, boats, planes and other types of vehicles.
Incorporates high performance SQL client/server database architecture for both single user and multi-user network applications.
Accrues interest daily based on fixed and variable rates with annual and lifetime floor/ceilings by individual loan.
Prints customer statements, payment coupons and processes payment transactions.
Automatically assesses late charges and processes payment reversals.
Supports collection activities with online displays, collection letters, notes/comments, printed reports and follow up reminders.
Stores complete loan account history from origination through payoff.
Calculates payoff worksheet with prepayment penalty options.
Credit Bureau Reporting in standard metro2 format. ACH interface for automatic payment deposits. Investor tracking features including statements, distribution checks and 1099 tax forms.
Vehicle Loan Servicing Software Price: $2295
FAST EFFICIENT MANAGEMENT WITH COMPUTERIZED VEHICLE LOAN SERVICING SOFTWARE