The expense of manually processing applications is too much to supply little loans at scale

The expense of manually processing applications is too much to supply little loans at scale Therefore, to help keep the price of origination low—and to contend with nonbank loan providers on speed checksmart loans website and ease—banks and credit unions will have to mostly automate the financing procedure, including determining eligibility, establishing the utmost loan size, processing applications, and disbursing funds. Some time that is […]