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responsible lending

Soar integrates Inbest to help loan applicants access their benefits

Soar has integrated Inbest benefits calculator into its banking platform to compare the actual benefits that customers receive with the benefits they are entitled to due to their specific circumstances and financial situation. The service notifies customers about any unclaimed benefit and guides them on their benefits applications. This new feature will help loan applicants to top-up their salaries with their benefits entitlement, reduce their bills, repay their loans more comfortably, and build savings in the future.
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Soar integrates Inbest to help loan applicants access their benefits

Helping your Customers & Members with their Benefits

Benefits can be a great help to make ends meet, repay loans or even start building a rainy day fund and save for retirement. We will explore how you can help your consumers get the most of their benefits and will help you to find out the benefits they can claim.
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Helping your Customers & Members with their Benefits

Creating a lending environment with "friction-right" experiences while being inclusive of fair customer outcomes

How do you create an environment whereby you are ‘friction-right’ retaining slick experiences, yet inclusive of fair customer outcomes.
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Creating a lending environment with "friction-right" experiences while being inclusive of fair customer outcomes

The LendIt Fintech Webinar

Next week Andrew is a panellist on a LendIt Fintech webinar alongside some of Experian's experts discussing how to lend efficiently in a credit crisis.
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The LendIt Fintech Webinar

The benefits of an automated loan process

When affordable credit providers such as credit unions are able to take on automated loan processes, they’re helping a huge number of people in society gain access to affordable credit but they’re also improving their own internal processes too. Here are some of the advantages that come along with having an automated loan process.
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The benefits of an automated loan process

High cost credit needs to end. So, what are we replacing it with?

It’s well known that high cost credit can have a detrimental effect on the finances and mental health of those who need to turn to it to make ends meet.
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High cost credit needs to end. So, what are we replacing it with?

Soar is a winner in the Affordable Credit Challenge

We are delighted to have won the final stage of the Affordable Credit Challenge with our partners Capital Credit Union & Nivo.
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Soar is a winner in the Affordable Credit Challenge

How to help consumers ease their financial worry

When consumers are going through an unexpected and stressful time, there’s a lot that financial organisations can do to ease their customers' worry about finances. Organisations that are well embedded in their communities will be relied on more than ever for help and advice.
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How to help consumers ease their financial worry

Alternatives to high cost credit and why they’re needed

Soar has always been on a mission to revolutionise the responsible banking and lending market with our technology so that we can help to tackle irresponsible lending. Institutions such as Credit Unions and Community Development Financial Institutions (CDFI's), do so much for those who are financially vulnerable and that's why we're working with them to help these people gain access to affordable credit when they need it most.
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Alternatives to high cost credit and why they’re needed

Credit Account Information Sharing (CAIS): Why share data?

Data sharing has become a new norm in the financial services industry and for many providers it’s a way of being able to see a clearer picture of a consumer’s credit history. One of the main ways that organisations can view consumer credit data is through Credit Account Information Sharing (CAIS; pronounced k-e-y-s). 
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Credit Account Information Sharing (CAIS): Why share data?