Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
When loans become problematic, managing and recovering them can prove to be quite difficult. Although they may be sidelined in your financial records, they remain a crucial aspect of your overall financial health. The Charge-off Loan Tracker (COLT) simplifies the process of handling these troublesome loans. Since 1987, COLT has been a vital tool for financial institutions seeking to manage and recover charge-offs effectively. Its user-friendly interface will leave you impressed, as it seamlessly tracks outstanding balances while calculating interest, adjusts to new payment conditions, produces board reports, and more. If there’s a possibility of recovery, COLT equips you with the necessary tools to pursue it. By streamlining the management of bad loans, COLT allows you to focus your energy on more lucrative opportunities. It offers comprehensive tracking for principal, interest, and fees, supports various accrual methods, and employs transaction-based accounting. Additionally, it provides adaptable repayment terms, borrower invoicing, and correspondence, while also ensuring complete shadow accounting. With features like automated 1099-Cs that interface with the IRS, a documented audit trail, and a powerful reporting engine, COLT is the solution you need for effective loan management. In short, utilizing COLT not only enhances your collection efforts but also significantly improves your financial efficiency.
Description
TValue Amortization Software is the industry leader since 1984. Let TValue expand your financial calculation capabilities. Structure any loan, price any lease, or solve any time value of money calculation. No matter how simple or how complex your time value of money calculation, TValue can handle it. You'll be challenged to find a calculation it can't handle. TValue software offers four different versions, the desktop, cloud based, SDK (software development kit) engine, and the Salesforce app. There is practically no limitation to the frequency, type, or amount of payments. You can quickly and easily do multiple “what if” scenarios in minutes and find the best solution. You can solve for either the interest rate, the payment, the loan amount, or the term. From a simple loan payment to a present value or a future value of an intricate series of irregular cash flows, the calculation logic is built into the program. You'll be challenged to find a calculation it can't handle! TValue's professional, auditable amortization schedules are considered the standard in the industry. TimeValue Software offers a one-year, money back guarantee.
API Access
Has API
No
API Access
Has API
Yes
Integrations
ASC
Yes
BAM+
Yes
Experian Aperture Data Studio
Yes
FIS Telephone Banking
Yes
Fiserv Engagement Advantage
Yes
Fiserv Mortgage Director
Yes
LendingFront
No
Loan Producer
Yes
LoanServ
Yes
OpenClose
Yes
Integrations
ASC
No
BAM+
No
Experian Aperture Data Studio
No
FIS Telephone Banking
No
Fiserv Engagement Advantage
No
Fiserv Mortgage Director
No
LendingFront
Yes
Loan Producer
No
LoanServ
No
OpenClose
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
$149 one-time payment
For TValue 6, initial license is $149 and additional licenses are $99. For TValue Online, subscription is $60 per year, per user.
Free Trial
Yes
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
No
On-Premises
No
iPhone App
Yes
iPad App
Yes
Android App
Yes
Windows
Yes
Mac
Yes
Linux
No
Chromebook
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
Yes
In Person
Yes
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
Yes
Vendor Details
Company Name
Lowenstein and Associates
Founded
1986
Country
United States
Website
laapc.com/charge-off-loantracker/
Vendor Details
Company Name
TimeValue Software
Founded
1984
Country
United States
Website
www.timevalue.com/tvalue-products
Product Features
Loan Servicing
Accounting Management
No
Amortization Schedule
No
Application Management
No
Auto Loans
Yes
Automatic Funds Distribution
No
Business Loans
Yes
Collateral Tracking
No
Collections Management
Yes
Compliance Management
No
Construction Loans
Yes
Customer Database
No
Fee Management
No
Investor Management
No
Loan Processing
No
Student Loans
Yes
Product Features
Loan Servicing
Accounting Management
No
Amortization Schedule
Yes
Application Management
No
Auto Loans
Yes
Automatic Funds Distribution
No
Business Loans
Yes
Collateral Tracking
No
Collections Management
Yes
Compliance Management
No
Construction Loans
Yes
Customer Database
No
Fee Management
No
Investor Management
Yes
Loan Processing
No
Student Loans
Yes