Introduction to Loan Origination System

Introduction to Loan Origination System

What is Loan Origination System? Loan origination is the term used to explain the process in which a company or an individual obtains a loan from a lending entity such as bank, NBFC, micro financing company and so on. Loan...

Introduction To Credit Bureaus

An Introduction To Credit Bureaus

What is a Credit Bureau? A company which collects information relating to the credit ratings of individuals and makes it available to banks, finance companies, etc. – The Oxford English Language Dictionary.  The third most important entity in the loan origination...

10 Stages in the Loan Origination Process

10 Stages in the Loan Origination Process

Introduction: Loan origination system (LOS) starts when the lending entity receives a loan request and continues all the way till the loan is funded or rejected. LOS is important for lenders because it plays a significant role in allowing the...

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