Flex Loans

Free!

New feature for your credit union’s Internet Retailing arsenal: Loan Modification Requests via It’s Me 247. Members will be able to use a simple tool in online and mobile banking to request a modification to an existing loan to either lower their monthly payment or to pay off the loan more quickly.

Category:

Overview:

This feature will be controlled at the category level to set which loans are available to be modified ItsMe247. In addition to that credit unions can determine whether to auto approve these modifications or require a follow up with staff.

Schedule of Tasks:

Upon ordering a Lender*VP member will reach out within two business days, to discuss the configuration options and what works best for your institution.

How it Works:

When activated at the category level, members will be presented the option to modify their maturity date to either increase or decrease their payment amount.

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