Teletrack offers scoring and decisioning capabilities to help you bring consistency, control, and speed to your loan origination process. Using DecisionManager™ enables you to manage the relationship between your targeted approval rate and tolerance for risk. Teletrack brings consistency and speed to the loan origination process by helping you create a faster and more efficient underwriting process that leverages the strengths of Teletrack's data. For approved applicants, you can tailor the loan amount based on income, frequency of pay, and credit score. In combination, these powerful tools provide you with the flexibility to structure your credit risk policies, moving you beyond just risk assessment to opportunity maximization.

DecisionManager™
DecisionManager is an automated decision engine that provides your payday advance businesses with a systematic method for implementing consistent, risk-based lending decisions. When you use Teletrack’s scoring and decisioning tools, application information and Teletrack data are automatically analyzed against our validated, industry-specific scorecards in conjunction with your business rules and requirements. This automated process delivers a recommended approval or denial of an application based on your credit policy. DecisionManager provides a recommendation of approval or denial based on the rules you establish, which are configured in DecisionManager by Teletrack associates. The actual extension of a loan is a function of your loan software and the final action taken by your personnel.

CyberScore™
Developed and validated by Scoring Solutions, Inc., CyberScore facilitates the automated processing of online loan applications. CyberScore provides a finer differentiation of risk because it reviews key performance data that strongly correlates with payday advance transactions processed online. CyberScore applies different weights to inquiries and loan data reported by Internet lenders as opposed to activity reported by storefront based lenders. In addition, credit activity reported from other industries augments the validity of CyberScore. Information from auto finance companies, rental purchase stores, and other non-traditional credit grantors, along with public record data is used to enhance the predictability of every transaction. The depth and breadth of Teletrack's consumer data enables smart, fast decisioning.

Benefits of Decisioning

Adaptability - Allows you to define parameters specific to your business model. Easily tailor the system to help you attain your company goals.

Control - Gives you the ability to quickly adjust your risk strategies to meet changing business rules, regulations and market forces.

Consistency - Eliminates the guesswork and human analysis in making risk decisions. Helps ensure that your corporate risk strategies are coordinated company-wide.

Speed - Quick decisions are key to keeping the applicant satisfied and your business profitable. With your rules in place, DecisionManager returns a risk decision within seconds.

Scalability - DecisionManager is easily implemented whether your business is small or large and it can grow along with your company.

Tool to help increase profitability - Utilizing predictive modeling, effortless processing, easy modifications and rapid response time, DecisionManager helps you approve more applications while reducing overall risks.