COLT allows you to work with bad loans and helps financial institutions manage and collect charge-offs by automatically tracks unpaid balances and accumulates interest, accomodates new payments terms, generates reports, and more.
Customer Reviews
User in Financial Services
Advanced user of Charge-Off Loan TrackerI think that this loan tracker is a a great tool for portfolio monitoring because it allows users much more flexibility of information that other loan trackers do not have.
I do not like the hard learning curve that accompanies this product, especially when first starting out using loan software products.
I would recommend users to train hard for at least one week with this product before using it on a daily basis because it can be tricky to maneuver around the specific controls.
I am able to track clients much more efficiently and I have realized many benefits including the ability to speed through clients, something that was not available in other programs like Charge-Off Loan Tracker.
