Take-Backs™
Flexibility that improves loan economics
Loans that engage borrowers
The Take-Back feature provides extra visibility and empowers borrowers to pay off their loan faster without losing their financial safety net — resulting in better loan performance, more engaged borrowers, and secondary product adoption.
Take-Backs can be deployed strategically
Whether you target all your fixed-rate/fixed-term loans or just a smaller subset, the origination is controlled by you and your risk tolerance. Cross-sell Take-Backs to your current borrowers to further enhance the relationship or offer Take-Backs at the front-line to increase your loan volume. Either method helps drive to a more engaged loan.
9 out of 10 consumers prefer a loan with Take-Backs to a similarly priced conventional loan.
Deepen relationships
Take-Backs create more productive and better quality relationships. Sit back and let the combination of a borrower-friendly feature, transparently powerful dashboard, and integrated cross-sell impact your balance sheet.
30%
higher balances in their Kasasa checking
19%
higher originated balances
48%
of loans have a Take-Back balance available
8
years younger than average borrowers
2x
as likely to have a Kasasa checking account
Benefit your borrowers
When borrowers get a Take-Back, we give them an optional field to indicate how they're using the money. These are real responses from real borrowers.
Whether they're handling unexpected life events (34%) or helping family (12%), your borrowers will remember when their financial institution helped out in their moment of need.