Partnership Simplifies Collections for Credit Unions

Allied Solutions, LLC and Lending Solutions, Inc. (LSI) announced a partnership in a new web-based collections system for credit unions on Allied’s CenterPoint site. The system integrates information from multiple sources into one seamless program.

Lending Solutions has provided credit unions with collections services since 1998. As a first-party collector, LSI reduces the administrative burden of servicing collection accounts while improving delinquency rates and rehabilitating borrowers’ delinquency patterns.

Allied Solutions’ CenterPoint is a web based hub where credit unions manage product portfolios. It integrates information from strategic partners, providing seamless, complete collateral management.

”Our goal is to provide credit unions with easy-to-use tools that help streamline management of the many complex aspects of their business,” said Pete Hilger, president, Allied Solutions. “This partnership with LSI provides credit unions with easier, more efficient collections administration.”

“Together with Allied Solutions, we have a true turn-key solution to help credit unions manage their delinquency issues,” states Lee Kolquist, CEO, Lending Solutions, Inc. “We look forward to the opportunity to assist more credit unions with their delinquency challenges in this ever-changing marketplace.”

Allied Solutions, LLC is one of the largest providers of insurance, lending, and marketing products to financial institutions in the US. Allied Solutions uses technology-based products and services customized to meet the needs of 4,000 clients along with a portfolio of innovative products and services from a wide variety of providers and maintains more than 20 regional offices and service centers around the country. Allied Solutions is a subsidiary of Securian Financial Group, Inc.

Lending Solutions, Inc. has been a provider of lending center services and consulting programs for financial institutions across North America for over 16 years. The company’s highly-trained, professional staff provides 24-hour lending and member service to over 300 of North America’s premier credit unions, banks, and mortgage companies.