Our calculation tools are now available to companies wishing to develop their own software.
Stay compliant while accelerating your system and website development by using our loan, APR and settlement calculator engines.
This unique facility frees an organisation’s development team from the need to create coding to process the calculations defined in ECCD and UK Consumer Credit regulations through the use of APIs that can be delivered as a web service or as native .Net components.
The web service is hosted on our own servers plus an independent 24/7 mirror site.
This service has been designed as an asset to help companies streamline their development process and to ensure that their calcuation results are fully compliant.
The cost savings in analysis, development and testing time can be huge, and the results returned by our calculation engine are known to be compliant in every respect.
- UK and ECCD regulated/non regulated decision
- UK and ECCD APR calculations
- UK and ECCD rate of interest ( USA APR ) calculations
- UK and ECCD full and partial settlement calculations with payment rescheduling options
APIs support multiple drawdown and unusual repayment/rental schedules where necessary.
APIs can be extended to include full loan/lease calculations if required.
