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Credit Plus announces electronic upload of supporting documents

NationalMortgageProfessional.com
Oct 20, 2009

Credit Plus Inc., a leader in the credit information industry since 1928, announces that supporting documents to complete supplements can now be directly uploaded through its credit system. This new procedure is an important step towards the company’s overall goal to adopt more green initiatives that have a positive impact on the environment. “Credit Plus is determined to help protect the environment,” said Greg Holmes, national director of sales and marketing at Credit Plus. “We are focusing on making the mortgage transaction as paperless as possible and plan on rolling out additional green efforts in the near future.” Previously, when a loan officer was working on a file and the potential borrower stated that there was an inaccuracy on his/her credit report, the supporting document would have been faxed or emailed to Credit Plus. Now, there is a hyperlink from the trade line that allows the document to be immediately attached to it in Credit Plus’ system.   Additionally, and since June of 2008, all of Credit Plus’ customers receive a one-page invoice with a link to a secure website to review account details. This has substantially reduced the amount of paper being utilized. The company estimates that it has reduced its paper usage by 30 reams a month, which is the equivalent of saving nearly two trees every month. Credit Plus is working to streamline more processes and make paperless a larger portion of the entire mortgage transaction. The company plans on unveiling more green initiatives in 2010. For more information, visit CreditPlus.com.
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