- Heritage Bank announced a partnership with global information services company Experian to introduce a new loans origination platform
- Loan applicants enjoy a much faster and simpler experience thanks to the new platform
- The platform cut the average time needed to load, process, and assess a standard application
- Heritage and Experian work closely together over the next 12 months to roll-out the platform used for both home loans and personal loans
- The platform incorporates a new credit decisioning solution, cut down the assessment timeframes through auto-approvals for eligible loans
- The first phase of implementation gives individuals information on their borrowing capacity in as little as 10 minutes