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Cypress adds NADA used-car guide to Mark IV module
NORTH RICHLAND HILLS, Texas (4/3/09)--Cypress Software Systems has added two trade-in value categories, “Rough Trade-In” and “Average Trade-In” from the NADA Used Car Guide, to its Mark IV Automobile Valuation Interface Module. The categories join the existing “Clean Trade-In,” “Clean Loan” and “Clean Retail” values. Mark IV, a loan software platform, automates the consumer loan application and decision process. Member service representatives key in application information into the software, and then receive credit reports, sources of repayment and loan policies to help speed up the loan decision process. Cypress Software Systems develops automated credit-application-decision support technology for financial institutions, including credit unions.


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