October 26, 2007 - Stand Out from your Competition with UltraAMPS Credit Analysis

October 26, 2007 - UltraAMPS can now help to further distance you from your competition with our new decisioning product called Credit Analysis. This new product will allow you to offer your customers a completely automated decisioning program.

UltraAMPS' Credit Analysis will allow the lender to customize their own decisioning rules interactively with no setup costs or additional fees of any kind. Unlike other Auto Decisioning products that require legal agreements, are very expensive to set up, run, or modify, and will typically take weeks (months) to implement, UltraAMPS Credit Analysis will allow your customer to have a fully customized program up and running within days. Credit Analysis has the added benefit of evaluating both application data and blended credit report information from up to all three repositories. Lending institutions of any size will have the ability to choose and modify criteria, all without incurring any setup or development fees.

Credit Analysis comes along at the perfect time to increase your potential business outside of the traditional mortgage market. Credit Analysis will allow you to talk to new customers about its decision-making flexibility for applications like Home Equity Lines, and Auto Loans; with Credit Analysis, the opportunities are unlimited.

This new product is both innovative and versatile. It empowers your customers to maintain a program for each of their product offerings. Credit Analysis instantly evaluates the merge credit report to quickly match the consumer with the best program options that your customer has to offer.

The Credit Analysis results may also be incorporated into our previously announced UltraAMPS Batch Submission product. Batch submissions processed on UltraAMPS will now have the option to include Credit Analysis results in the returned batch output. Batch Submission is a particularly useful tool to customers undertaking Portfolio Review projects, and is now made more valuable with Credit Analysis.

For additional information on this new UltraAMPS product, please contact our Technical Support Staff at techsupport@ultraamps.com.