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Personal loan link from eMoneyfacts

eMoneyfacts last week launched a personal loan application system for its 15,500 users.

The system enables brokers to link via eMoneyfacts to Gateway2-Finance to submit prime personal loan applications online.

Gateway2Finance operates a cascade system that links to the back-office systems of personal loan provider Black Horse Financial Services.

If a client can’t be placed with Black Horse they are farmed out to other providers until a competitive deal is found. Brokers will receive commission of 1% for each application that completes.

Ed Payne, head of eMoneyfacts, says: “The main advantage of this system is that consumers have the chance to raise extra money if there is a shortfall in their deposit.”


Xit2 launches arrears management portal

Xit2, the property and mortgage outsourcing specialist, is launching an arrears management product. The Xit2 Arrears Management Portal helps mortgage lenders and debt counsellors carry out detailed and verified assessments of borrowers’ current financial situations. Lenders can also manage panels of counsellors using edge online software.The web-based platform will help lenders give borrowers support and […]


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