Figure Technology Solutions, a blockchain-native capital marketplace, announced on Monday an expansion of Intellidebt, its Direct Debt Payoff (DDP) solution. The move aims to allow borrowers to consolidate existing liens and high-interest debt directly through the loan application process.

The upgrade boosts borrower qualification potential by improving combined loan-to-value (CLTV) ratios, debt-to-income (DTI) ratios and lien position all while helping lenders increase conversions and reduce manual work.

With these new features, borrowers can now pay off and consolidate more types of debt, including liens, credit cards, personal loans, auto loans and home improvement loans. The Intellidebt expansion aims to offer details ⇒

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