A Suite of Configurable Calculation APIs
CarletonCalcs® is a calculation solution designed to integrate with a software partner's lending and leasing applications supporting product calculation requirements while meeting compliance requirements at lender, state, and federal levels. These APIs provide fast and accurate loan and lease computations with the full support of state-regulated credit insurance and credit protection products. Carleton's dedicated compliance department ensures that the Truth In Lending 'Fed Box' disclosure calculations are accurate and that the interest and finance charges do not exceed the maximum usury charge limit allowed for a given state.
Payment Calculation APIs
These robust APIs provide your platform with the tools to generate comprehensive payment and disclosure calculations while also having the ability to compute sales tax, title, and registration fees.
View Payment Calculation APIsCompliance Validation APIs
These validating APIs equip your payment calculations with Carleton's industry-leading compliance expertise along with the ability to verify Truth in Lending Annual Percentage Rate (APR) values by the actuarial and U.S. rule methods as outlined in Regulation Z.
View Compliance Validation APIs
Loan Servicing APIs
These post-sale APIs support the calculations needed after the payment origination has been established such as calculating refunds when refinancing a previous transaction.
View Loan Servicing APIsCarletonCalcs® Support
The Carleton team implements and performs quality testing for lender financial parameters to meet federal, state, and lender requirements.
At Carleton, we stand ready to assist our clients in verifying that the Truth In Lending 'Fed Box' disclosure calculations are accurate and that the interest and finance charge does not exceed the maximum usury charge limit allowed for a given state.
