AppOne®—Indirect Auto Lending Solutions

Auto Lending Compliance Solution for Lenders Servicing Independent Auto Dealers

AppOne® is a web-based auto lending compliance solution solution that enables lenders to profitably underwrite loans through independent auto dealers. AppOne utilizes a proprietary scorecard system that evaluates independent auto dealers’ credit reports, background, criminal history, financial information, business productivity, and additional statistical data.

AppOne Benefits

• Expanded Growth Channels—Gain access to over 2,000 active dealers nationwide.
• Increased Volume—Expand market share quickly as the single point of contact for underwriting and funding.
• Reduced Overhead—Documents are audited throughout the process and edited to meet federal and state regulations.
• Reduced Operational Costs—Print all documents required for each retail contract and gain efficiencies through automation by decreasing the frequency of manual and repetitive transactions.
• Enhanced Portfolio Performance—Including lower delinquency and losses.
• Enhanced Risk Mitigation—Alleviate compliant documentation concerns with Wolters Kluwer Financial Services | Bankers Systems transaction documents and  reduce fraud risk through AppOne’s patented RECON dealership scoring system and fraud detection tools and processes.

AppOne Components for Indirect Auto Lenders

• DealerOne™—Automated online dealer setup platform that securely captures dealership application information for processing and underwriting.
• RECON Score—Proprietary dealer underwriting and scoring model that predicts the level of risk associated with a dealer relationship.
• OriginateOne™—Online web-based loan application origination system.
• BureauOne—Secure gateway for credit report access from all three national credit reporting agencies.
• VehicleOne—Online interface for vehicle valuations, vehicle history reports, and other related information.
• RiskOne™—Customizable rules based auto-decision and evaluation engine that allows for automated system approvals.
• ContractOne™—Rules-based electronic forms printing and validation platform.
• FundOne™—Online automated loan disbursement and dealer reserve funding system.

Related Web Site

• AppOne