Online application flow
Mobile-friendly application with document upload, consent capture and real-time status for the applicant.
Consumer lending software
In short
Consumer lending software runs the full life of a personal loan in one system: online application, identity and income checks, credit decision, contract and e-signature, disbursement, repayment schedule, reminders and collections. Finsora's cloud platform lets consumer lenders launch and scale personal loan and instalment products with configurable rules, a branded borrower portal and an open API.
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Consumer lending software
Key features
Automated credit decisions
Configurable scoring rules, affordability checks and limits so routine applications are decided in minutes.
Flexible loan products
Annuity, linear and bullet schedules, fees, interest and penalties set per product – no code changes.
Borrower portal and app
Customers see their loans, schedules and payments, request top-ups and sign documents online.
Collections and reporting
Automatic reminders, overdue stages and portfolio, risk and cash-flow reports for management.
Who it's for
Who it's for
- Non-bank consumer lenders
- Fintechs launching personal loans
- Retailers offering instalment credit
- Credit unions and cooperatives
Capabilities and integrations
- Cloud platform
- REST API
- Webhooks
- Open banking
- E-signature
- SMS and e-mail
- Multi-language
- Multi-currency
How implementation works
How implementation works
01
Discovery
We map your loan products, rules, data sources and regulatory requirements.
02
Configuration
Products, scoring rules, documents and branding are set up on the platform.
03
Integrations and testing
KYC, bank, e-signature and accounting connections are tested end to end.
04
Launch and support
Go-live, team training and ongoing support as your portfolio grows.
Consumer lending software
Frequently asked questions
What is consumer lending software?
It is a system that manages personal loans from application to repayment: data collection, credit assessment, contracts, disbursement, schedules, payments, reminders and reporting.
Can we configure our own loan products?
Yes. Amounts, terms, interest, fees, schedules and eligibility rules are configured per product, so you can add or change products without development work.
Does the software help with the new EU Consumer Credit Directive?
The platform supports the processes CCD2 focuses on, such as documented creditworthiness assessment, pre-contractual information and an audit trail. Legal interpretation for your market should be confirmed with your compliance advisor.
How quickly can we launch?
A standard configuration can go live in a few weeks; timing depends on the number of products and integrations.
Related solutions
Demo
See it on your use case
Request a demo – we reply within 1 business day.
- Fast to launch
- Configurable, not rigid
- Your brand
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