Annuity Explained | Lending Boost Academy

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Steps of the Commercial and Consumer Lending Process You Can and Should Automate in 2024

Meet another case study performed at Lending Boost, TurnKey Lender’s online business academy.
While being the most widespread and all-familiar approach to loan scheduling, annuity still drives a lot of questions. Not only by consumers but also financial pros get puzzled by this concept from time to time. We tried to summarize the essential features of this amortization method in a short one-minute cartoon.

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Meet another case study performed at Lending Boost, TurnKey Lender’s online business academy.
While being the most widespread and all-familiar approach to loan scheduling, annuity still drives a lot of questions. Not only by consumers but also financial pros get puzzled by this concept from time to time. We tried to summarize the essential features of this amortization method in a short one-minute cartoon.

Share:

RELATED SOLUTIONS

10 questions to ask your LOS vendor - large

10-point checklist for choosing your new loan origination software  in 2024

img_Turnkey-Lender_STEPS-OF-THE-COMMERCIAL-AND-CONSUMER-LENDING-PROCESS-YOU-CAN-AND-SHOULD-AUTOMATE-IN-2022-1920-scaled

Steps of the Commercial and Consumer Lending Process You Can and Should Automate in 2024

Platform   

Flexible loan application flow

Automated payments and loan servicing

Efficient strategies for all collection phases

AI-based consumer and commercial credit scoring

Use third-party data and tools you love.

Consumer lending automation done right

Build a B2B lending process that works for you

Offer payment options to clients in-house

Lending automation software banks can rely on