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Auto and Indirect Lending Solutions – Lenders and CreditorsLenders face huge challenges today in their efforts to keep current with the ever-changing legal and regulatory requirements impacting indirect lending. Not only is it a time-consuming and difficult task, but there are consequences if not done properly. Wolters Kluwer Financial Services’ trusted compliance expertise and industry-leading solutions can help you meet and fulfill your consumer finance lending compliance challenges. From retail contracts and lease documents to state-of-the-art technology and risk management platforms, we can help you meet your regulatory obligations and improve the efficiency of your compliance processes. Our lender solutions will help you: AppOne®—Indirect Lending SolutionsAppOne’s auto lending compliance solution helps connect lenders with independent auto dealers to mitigate risk associated with auto lending. Its proprietary dealer underwriting and scoring system helps lenders determine the level of risk associated with each dealer relationship. It provides compliant loan documents and automates the lending process, helping reduce documentation errors. CompliSourceAn online, subscription based compliance tool, CompliSource offers an efficient and cost-effective method for managing state and federal compliance law governing consumer finance, indirect lending, and mortgage lending. Our expert team of compliance and legal professionals continually reviews, analyzes, and updates each module allowing you to proactively respond to legislative changes and reduce your risk of non-compliance. Retail ContractsIt is essential that your retail installment contracts are up to date and in compliance with the latest regulatory changes, but keeping current with the constantly changing regulations is difficult and time-consuming. Wolters Kluwer Financial Services’ team of legal and compliance experts continually monitor these changes and update our retail contracts relieving you of this burden. Our retail installment contracts are created and maintained using Bankers Systems compliance content—built on more than 50 years of compliance knowledge and experience. Contracts are available to support financing documentation for a wide range of transactions, including loans for recreational vehicles, such as motorcycles, RVs, boats, and snowmobiles. Lease DocumentsWhen it comes time for a customer to sign a motor vehicle lease, you want to be certain that your lease documents are accurate and compliant. Executing a lease can often be more complicated than an auto loan and you want to minimize any barriers to completing the transaction. Our lease documents are created and maintained using Bankers Systems compliance content. |
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