Kasasa Loans

THE POWER OF TAKE-BACKS

Empower borrowers to take control of their debt without losing their financial safety net.

Take-Backs empower people to pay down debt faster by providing a financial safety net. Borrowers who pay ahead can access those extra payments anytime unexpected costs come up. All while managing their debt with an award-winning dashboard. 

BENEFITS BEYOND LOAN VOLUME 

Create deeper, more profitable loan and deposit relationships. 

Borrowers are ready to upgrade their debt once they learn about loans with Take-Backs. They're also more likely to have a checking account, higher account balances, and better payment habits with your financial institution.  

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Engage borrowers in a whole new way.

Engage borrowers in a whole new way.

2X

more likely to add a checking account1 

30%

higher checking balances1

33%

reduction in delinquency and charge-offs1

1Kasasa Analytics, 2023 behaviors of borrowers using Take-Backs. 

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NEXT-LEVEL LENDING

Increase borrower engagement.

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TAKE-BACKS

Give borrowers the confidence to pay ahead, knowing they can access the extra funds they paid when they need it. 

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DIGITAL DASHBOARD 

Let borrowers see the impact of payments before they make them and access their Take-Back balance at any time. 

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ONLINE BANKING 

No need for extra logins. Borrowers access the Take-Back dashboard in your current online banking platform.

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CORE INTEGRATION 

Add the Take-Back feature to new and existing loans. All loan servicing remains on your core processor. 

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AUTOPAY ADOPTION

Prompt borrowers to set up autopay and add a checking account during the application process.

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CROSS-PROMOTION 

Tell account holders why their loans should have Take-Backs. Show borrowers how rewarding Kasasa checking can be. 

Real growth with a new approach.

Borrowers will come for the flexibility and bring their deposits too. Next you can expand your success with data-driven marketing that helps you drive results.

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Optimized marketing

Boost your loan volume even more with an optional program to help you reach new borrowers in your community.

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Dedicated support

The market is full of surprises. We help you navigate them with strategic guidance, performance reviews, training, and data-driven intelligence.

FAQ

A loan with Take-Backs is a fixed-rate, fixed-term loan with an agreed-upon payment schedule. The consumer gets their initial disbursement and makes regular payments until the balance is paid in full. 

With the mobile-friendly dashboard and app, borrowers have more transparency and control over their loan. They can manage their loan, make payments, and withdraw from their Take-Back Balance in just seconds (and see the impact of these changes before they make them). Withdrawals deposit into the borrower’s checking account and the loan balance adjusts accordingly — but never exceeds the original amortization schedule. 

The flexibility to get those extra funds if needed means borrowers no longer have to choose between saving for unexpected expenses and doing the financially responsible thing by paying down their loan quicker.

Kasasa does not underwrite any loans — you’ll continue to follow your current underwriting and decisioning practices. New and existing loans can live on the existing core. Consumers enjoy an enhanced experience within their current online banking. No change to frontline or back-office processes.

We developed our Take-Back feature, and its associated documentation, with the help of one of our nation's leading law firms. Utilizing an elegant user interface, borrowers can add the Take-Back feature by simply reviewing the feature's disclosure and executing it via electronic signature.