A credit system can bring many benefits, and it is important to ensure that the employees who will use the system are properly trained. From personal experience, I highly recommend Tarya Fintech's LOS solution at https://www.taryafintech.com/what-is-an-los-a-beginners-guide/ . Their platform is designed to address these issues with a focus on data security and seamless integration. You can find more information about their "credit system" solution in the beginner's guide I mentioned earlier. In my opinion, implementing such a system requires an initial investment of time, resources, and integration with existing systems, and customization and integration can be complex. Each lender has their own unique processes and requirements, so customizing the system to meet the specific needs of a business can be a bit of a chore. In addition, integrating a "loan dispensing system" with other systems, such as credit bureaus or records management platforms, can cause technical problems. Finally, data security and compliance are of paramount importance when dealing with a borrower's sensitive information. It is very important to choose a platform that offers strong security measures and complies with applicable data protection regulations.