Gain a competitive edge in car financing with Monthio. Enhanced accuracy, efficiency, and risk mitigation, plus reduced fraud and losses. Revolutionize lending decisions, elevate customer experiences, and accelerate business success with your new powerful creditworthiness solution.
Enhance customer experience with faster loan processing
Faster credit decisioning
Join the ranks of other successful lenders and save 90% on loan approval time with Monthio. You’ll provide a seamless digital experience for applicants and free up valuable time for credit advisors.
Reduce credit losses
Say goodbye to slow, inaccurate credit decisioning and gain real-time access to your customers’ financial data for faster, more accurate evaluations. Approve more suitable loans, cut credit losses and improve your portfolio quality.
Partnering with Monthio helps you safeguard you bruises by reducing the risk of fraud, deception, and manual errors through our cutting-edge digitalized process. Ensure a secure and seamless experience for both you and your customers.
Save credit advisors’ time
By minimizing manual processes, Monthio expedites the loan approval process, enabling quicker and more accurate decision-making. Empower your credit advisors to dedicate more time to approving loans or focusing on enhancing customer success.
Improved customer experience
Monthio's digitalization provides your credit applicants with a simplified and efficient application process, showcasing your commitment to providing the best service possible. With our user-focused approach, 91% of applicants complete the flow.
Meet current and upcoming regulations with with confidence using Monthio. Our solution provides lenders with comprehensive applicant information, allowing them to effortlessly meet regulatory requirements while ensuring optimal lending decisions
Grant more suitable loans
With instant and accurate insight of discretionary income, you can better assess applicant suitablity, instead of relying on FSA guidelines and outdated data. This means more loans to good applicants, while protecting those who may default.
Enhanced applicant insight, grant more suitable loans
Discretionary income calculator
Rely on actual applicant data, rather guidelines
Risks & insights
Gambling, ATM use, unusual spending & more
Cut fraud & defaults
Monthio provides car finance providers with unparalleled insights into applicant debts, repayments. Combined with our automated flagging of fraud and default risks, you’ll experience a reduction in fraudulent activities and defaults.Additionally, Monthio streamlines the account verification process by digitizing AML and KYC procedures, cutting down on paperwork and enhancing efficiency for car finance providers.
Today’s car finance providers must embrace better digital lending to thrive. Asautomotive sales move online, consumers demand seamless experiences. The finance providers who can offer simplified and customer-centric services will win. Tocapture this market, providers must prioritize customer experience, adopt lendingand loan verification and invest in digital innovation.
4 quick steps
A seamless, digital experience
Intuitive user experience (UX)
91% flow completion rate
Live end-user support
Your applicants' queries taken care of
“Monthio’s intuitive and well presented dashboard means easier decisioning for our credit team. Monthio is the key to our entire credit rating process.”
Head of credit - Consumer Loan Provider
“Monthio allows us to process a case in 5 minutes, down from 30. It is a crucial element of our credit assessment. Monthio is the key to our entire credit rating process.”
Head of credit - Corporate & Consumer Loan Provider
“Getting up and running was painless. It was a fast and efficient implementation process.”
Danish Leasing Provider
What we offer
Get instant verification of applicant income with the latest & most accurate data.