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Refund Control
Always Audit Ready
- Requires
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Regulators are looking at F&I product refunds more and more. That’s why we introduced Refund Control, the lender-managed, cancellation and refund system for loan products that protects your relationships with dealers as well as your bottom line.
Highlights
Designed by Lending Experts Using industry best practices, our solutions include customizable workflows, interactive dashboards, seamless third-party integrations, and security protocols equal to large banks.
Always Audit Ready Our solutions have robust, real-time reporting to provide you with a comprehensive and transparent system of record that protects you, dealers, consumers, and product providers.
Forward-Thinking Roadmap We prioritize continuous innovation to ensure the technology behind our solutions is consistently meeting your compliance needs today and in the future.
Provider Details
Lender Compliance Technologies (LCT) brings together extensive industry experience in lending, recoveries and compliance, and SaaS development to create a compliance-driven technology solutions company focused on the needs of lenders today and in the future. Its first product, Refund ControlTM, helps lenders take control of the cancellation and refund process of F&I products and protect against operational errors that can ultimately be found by regulators to violate consumer protection laws. With the regulatory landscape intensifying, LCT is the right tech from the right team at the right time. For more information, please explore www.lct1.com.
Pricing Details
Pricing varies based selected services and volume
Default Plan
$5 USD/Cancellations/month