Most auto finance systems only do auto finance. Tuum allows you to service complex, regulated UK Hire Purchase agreements today, but also be ready for any other lending product, such as unsecured loans or BNPL.
The Future-Proof Core for Ambitious UK Auto Lenders
Master UK consumer finance regulations with a functionally rich auto lending engine - and effortlessly expand into new lending lines tomorrow (all on a single platform).
Talk to our Lending ExpertsKey Outcomes
Tuum's open API-first architecture allows you to plug into your preferred third-party products effortlessly, including:
- Origination & Lead Gen: Seamless flow from dealership and/or broker to core.
- Identity & Trust: Automated Fraud, KYC, and AML integrations.
- Payments: Real-time reconciliation and disbursements.
- Debt Remediation: Specialized debt management and recovery tools.
Lower your cost-to-serve by replacing manual labor and clunky legacy workflows with seamless, automated processing. No more manual management of fixed-rate amortized loans, adjusting payment dates or writing off residual balances.
We didn't just build a generic loan tool; we codified actual UK consumer finance law directly into our core logic. 100% accurate compliance is built-in.
Key Use Cases
Key Features
A pre-configured engine purpose-built for UK Hire Purchase. Natively handles the complex formulas for fixed rate amortized loans, accurately calculating exact interest rebates, fees, and updated monthly schedules for full and partial early settlements.
AI rapidly updates Tuum's core to meet new regulations, sparing your financial institution months of manual updates. You can also deploy AI agent skills to automate complex product configuration.
A cloud-native, microservices-driven platform, providing total freedom to integrate with specialized partners for everything from credit decisioning to debt management, so your tech stack is always best-in-class.
Empower your customer service teams with tools that preview exactly how much a customer saves on interest if they settle early.
We have proven experience mapping complex, decades-old data from legacy systems (such as Vienna) or integrating with next gen debt management solutions (such as Flexys). Either way, it's a seamless end-to-end journey for the customer.