Affordit, a fast-growing business-to-business financial technology company, announced a partnership with MeridianLink, a leading provider of enterprise business solutions for financial institutions across the United States. This new partnership provides MeridianLink’s LoansPQ® loan applicants access to Affordit’s leading technology to improve their financial wellness and enable more efficient and effective lending for both the institution and consumer.
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LoansPQ is a leading automated loan origination system that allows financial institutions to automate as much of the loan process as their strategies require. Direct and indirect consumer loans can be processed while simultaneously providing opportunities to cross-sell value-add products and services. LoansPQ handles the entire lending process, including application processing, underwriting, post-approval, closing, booking and funding.
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“MeridianLink has been helping loan officers find lending options for applicants for many years,” said Doug Glagola, Vice President of Enterprise Solutions for MeridianLink. “Affordit is bringing a tool to our offering that will strengthen this process for everyone involved. This never-before-seen tool enhances our LoansPQ loan origination software. It provides loan officers with a detailed report that will make for a more transparent process, helping applicants improve their financial wellness.”
Affordit’s proprietary software, the Affordit Wallet Genie, and the Affordit Solution Based Outcome™ Report will integrate into the MeridianLink platform through this partnership. This will give loan originators using MeridianLink across the United States access to this innovative credit application tool.
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