I-Scoring collects data on credit applicants and ensures on-line pre-approval of requested credits in third-party locations. The application also allows cross-selling, being an instrument for aiding the salesman in choosing the adequate retail lending products, suited to the customers’ profiles.

The application automates the bank workflow, the time spent by clients completing their credit file diminishes and the necessary documents are printed straight from the application.

I-Scoring is a configurable application with a user-friendly interface, built for hastening the retail lending process.

I-Scoring is built for the following products:

• Credit cards
• Personal loans
• Consumer loans
• Car loans

The clients no longer have to travel to the bank, the bank comes closer to the clients by being present in stores, where clients launch their consumer credit requests, and the pre-approval of the credit is made straight at the point of sale.

The prescoring request is introduced in the point of sale and can be retrieved through the unique number assigned by the application.

The application takes into consideration the degree of debt for existing credits and automatically validates clients through three types of lists: white, grey and black. The prescoring application automatically calculates the maximum amounts that can be obtained for standard time periods and offers suggestions regarding necessary leverage. The rejected customers are offered suggestions for ameliorating their credit files.

I-Scoring is a web application installed directly into the central location of the bank, thus presenting a high degree of security. As a result of its integration with the bank’s core system, the partners can see the state of each credit file for themselves, based on the rights granted by the application manager.

Benefits

I-Scoring enables the bank to expand through the transforming of retail chains in credit sales channels, generating a larger volume of granted credits and the increase of the bank’s market share and revenue.

The use of I-Scoring leads to diminishing the time needed for enlisting clients and the volume of work of the front-office operator from 30 minutes to 5 minutes. The input data has a high degree of precision due to the application validating the data, thus eliminating the possibility of human error.

I-Scoring simplifies the work of credit analysts due to its user interface being intuitive and easy to use. The application allows printing documents in various formats and offers the possibility of generating reports based on the users’ requests.