ENGLEWOOD, Colo. - CUNA Mutual Group and cavion.com have announced a partnership that will enable credit unions to provide members with instant online loan approval. Under the deal CUNA Mutual Group's loanliner.com online loan application will be integrated with cavion.com's Internet lending software, CUiLOAN. CUiLOAN is part of a current loanliner.com beta test. "LOANLINER forms have been a credit union industry standard for 20 years," said David J. Selina, President and CEO of cavion.com. "Cavion will make loanliner.com the default loan application set for CUiLOAN because of LOANLINER's ease of processing and field-proven, 50-state compliant forms." Using the interface to CUiLOAN, loanliner.com applications will be used with loan decision engines such as Experian Credit Union Decision Engine (CUDE), Experian Strategist or CyberBranch, to offer a loan approval online within seconds, said Selina. CUNA Mutual launched loanliner.com in February. At press time, 197 credit unions have signed up to use the new tool.
CUNA Mutual Group and cavion.com ink deal
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