18-08-2012, 12:52 PM
LENDING TREE
LENDING TREE11.pptx (Size: 103.45 KB / Downloads: 47)
INTRODUCTION:
Lending Tree is an interface which facilitates a customer to apply for a loan from on-line and to track the status from time-to-time along with aiding the loan approval agency to verify and accept/reject the customer file. Lending Tree is unique in such a way, it not only helps the customers but also the loan agency to check the pending, assign it to a departments, complete the formalities and procedures between the departments. The customer can at any time view the status of his application and can send any messages to the administrator and can get clarifications from him.
Existing System
The existing system is a manual one using:
The banking agent can’t maintain the effectively by sharing across different branches with proper security and can’t track details easily.
It doesn’t provide proper co-ordination between different departments of the company.
It doesn’t allow the customer to check the status of his file in proper way which leads customer dis-satisfaction.
Difficulty in generating different reports as per the business requirement
Proposed System:
The online automated system with web-based architecture can support issues like:
This system maintains the information related different departments and stored at a central DB, which leads easy accessibility and consistency
Interest rates of different banks and the other details are also available at the click of a mouse.
Customer can apply for a loan and track his file details from online.
Provides a facility to generate the reports very easily.
Customer Module:
This module allows the customer to view the interest rates of the banks which we are dealing, apply for a loan, check the status of the loan at any point of time and communicate with the administrator if necessary.
It allows messaging facility for communication.