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Short-term small dollar lending helps support consumer financial stability and health by providing needed liquidity to balance daily financial needs, weather financial ups and downs and the opportunity to build long-term financial health. By managing these loans, consumers can improve their credit scores, build upward mobility and gain access to more traditional lending products.
A digital lending platform is an omni-channel software-as-a-service application that uses a programming interface to integrate with your core financial, online banking, mobile banking and teller/contact center customer service platforms for automated underwriting and instant funding.
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