Online consumer loans, signed with SİMA
A loan online from application to signature: the credit bureau check, an automatic decision and a contract signed with SİMA.
- Client
- A non-bank credit organisation with 12 branches
- Industry
- Banks and lenders
- Went live
- April 2024
- Duration
- 7 months
- Team
- 7 people
What was there
Even for a small consumer loan a client came to a branch twice, once with documents and once to sign. The decision waited in a loan officer’s queue and took 2 working days on average.
What we built
- An application site and client account in Next.js
- Credit bureau integration and automatic decisions on the lender’s own rules
- Contracts signed with SİMA
- A queue and decision panel for loan officers
- Payment schedules and card payments
Results
2 days → 9 min
average time from application to decision
2025
41%
of consumer loans signed remotely
first 6 months
7 months
from the start to the first online loan
2023–2024
We wrote the rules and they work in the code exactly as written. For every application we can see why the decision was made.
Director of Retail Lending, a non-bank credit organisation with 12 branches
Technologies
- Next.js
- TypeScript
- Node.js
- PostgreSQL
- Figma
