Shaw Systems Associates, Inc. announced that City Direct has licensed Shaw’s Consumer Loan Servicing solution (RETAIL and COLLECTIONS) including a 5-year maintenance agreement.
City Direct, a Memphis-based automobile lender, also signed a professional services agreement for assistance with the installation and conversion of RETAIL and COLLECTIONS.
Shaw’s customer-centric portfolio management solution supports a wide range of consumer lending products including loans, line of credit, home equity, dealer/indirect, floor plan, commitments, escrow, securitization, and insurance. Accommodating every phase of an account’s life cycle, the system automates processes and helps companies navigate the dynamic credit landscape.
About City Direct
City Direct is a Memphis-based automobile finance company serving the area for over 12 years. City Direct has competitive rates and flexible terms and helps consumers reestablish their credit if the event of bankruptcy, repossession, or other default.