PFS Calculator (Automated and Self Calculating Personal Financial Statement)
Provides banks with an easy-to-use, automated method of collecting personal financial information from borrowers.
- Saves time and effort. File can be emailed to borrowers to complete, eliminating the tedious administrative task of mailing each year.
- Assists in standardizing submission of personal financial information from borrowers.
- Can be customized to show bank name, address (for multiple branch locations), phone, fax, etc.
- Unlimited use. File can be used and distributed to borrowers again and again.
- Ensures accuracy of calculations. Once entered by the borrower, entries are automatically calculated, eliminating the need to double check numbers.
- Easy to read. No need to worry about illegible digits or handwriting.
- Easy for borrower to understand and complete.
- Easy to update. Once completed, borrower just needs to save the file and update applicable information the following year.