Home/ Loan Origination Software/ LoansPQ/ Reviews
79% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more
Online lending and banking solution at your service
51.7%
37.9%
10.3%
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This loan origination system provides flexibility for consumer data at less cost, and it is easy to perform any workflows.
It is complicated for first time user and hard to find the data while trying to pull data for reports.
I use loan service data on day to day basis to find the consumer information and how many applications have been added on all consumer products like credit card, Auto-indirect and direct etc.,
We use this origination system to populate all of our consumer product application information.
I love how you can intigrate different add-on extensions that auto populate to your consumer app like the K B B value for an auto
I dislike the lock feature after funding because it make it difficult to upload docs afterward and find an old loan no longer in your queue.
The platform is very user friendly
It is a solid system, easy to use for both the applicant and finance manager. It streamlines our finance process so that we are not using multiple systems. We have many dealers that use LoansPQ. I appreciate that they keep adding updates and integrations with new vendors and plugins.
The decisions engine is limited. We'd also like to see the ability to add customizations like a field or question without having to contact Support. On that note, the Support team is very responsive. It just seems that the system is a bit inflexible without custom coding
Check to make sure they have all of the integrations that you need. For example, they do not integrate with RoutOne. Changing your current processes may be necessary but the system is easy to use and definitely a time saver
We have made the finance process more efficient, which makes for a better experience for customers.
It is easy to complete a whole application in a short amount of time. Everything you need is right in the system and easy to access.
We recent had issues with responses (dates entered, yes/no questions) saving in the system.
Filling out a complete application with clients in a short period of time. It also helps avoid missing required portions of the application
I like how it takes you through the workflow of the application with ease.
I dislike the slow response at times, and it freezes up a bit too often.
All of our loans and new accounts are opened with this.
I like how it takes you through the workflow of the application with ease.
I dislike the slow response at times, and it freezes up a bit too often.
All of our loans and new accounts are opened with this.
All in one integrated solutions it keeps information easy tonupdate
Complicated to adapt to company specifics in communication with other systems
Simple, integrates loan origination, core processing and internal banking software i
All in one integrated solutions it keeps information easy tonupdate
Complicated to adapt to company specifics in communication with other systems
Simple, integrates loan origination, core processing and internal banking software i
Customer service was great. Willing to work with you on payments.
Interest rate was high and the initial process to apply was long.
If you have other options for loans I would check around for rates.
Access to funds for start up and fluid funds available.
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Integrates to core and handles process from start to finish
Some changes cannot be made by staff. Requires support. Overall, the platform is great
Members need to open and account, apply for loan anywhere at anytime. Loan growth and account growth has increased since on the platform