NORTHVILLE TOWNSHIP, Mich. – Michigan credit unions will soon be able to use an upgraded version of the Web-based indirect lending system from their league. The new version of the Credit Union Dealer Indirect Lending & Leasing system from the Michigan Credit Union League will include upgrades intended to reduce the time it takes dealers to submit an application and for credit unions to underwrite and fund a loan. Those upgrades include the ability to submit a single application with up to three individual applicants, the ability for most data to be edited by loan officers and additional reporting tools. The new version of CUDILL will be available beginning in April. The product is a joint offering of MCUL subsidiary CUcorp and Indirect Lending Technologies LLC of Salt Lake City.
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