Dallas, TX –  April 23, 2003 - Carleton, Inc. and Stoneeagle Group have announced the development of a shared Internet solution for the Credit Insurance industry.This shared application will allow Credit Insurance companies to provide their customers with a state-of-the-art, turnkey solution for quoting loans with payment protection premiums, printing insurance certificates, providing all reporting functions and all administration functions. 

This solution will leverage the unique strengths of Carleton’s SmartNet loan quoting and document printing solution and Stoneeagle.com’s credit insurance administrative solution. The companies’ two Internet based systems now communicate key insurance data for the benefit of the customer and this solution improves efficiency, improves the accuracy during all steps of the transaction and reduces the manual reentry of redundant data.

“StoneEagle has long been intrigued with the idea of marrying the loan origination and document processing aspect of the financial industry to the insurance product administration process, said Bobby Allen President of Stoneeagle.com.” “Our relationship with Carleton allows us to actually create the link between the two applications and industries. With real time rates and underwriting being supplied by the insurance administrator, all calculations are correct and all underwriting is performed at the point of loan origination. The insurance data is seamlessly integrated into the insurance administration system, all document images are collected and retained and non-insured loan information is retained for penetration and production reporting. The best of both worlds.”

Please contact your sales representative at StoneEagle or Carleton to learn more about this exciting solution.

About The StoneEagle Group

The StoneEagle Group provides aftermarket financial services such as Charge-Back Indemnity Administration, Finance, Insurance and Lender Penetration Reporting, Service Contract Validation, Quoting and Claim Submission via the Web to banks, credit unions, insurance companies, automobile dealers and other financial institutions nationwide. The StoneEagle Group is an industry-specific software design and development company. Headquartered in Dallas, Texas, StoneEagle personnel have been involved in providing software applications to the insurance and related industries since 1967. For more information, visit www.stoneeagle.com

About Carleton, Inc.

Carleton is the leading supplier of consumer loan origination and compliance software to the finance and credit insurance industry. Carleton's loan origination software provides accurate and compliant credit insurance and Truth-in-Lending calculations throughout the United States and Puerto Rico. We have provided innovative financial solutions that save valuable time and ensure regulatory compliance and accuracy. Our client list has grown to include most of the major financial and credit insurance institutions in the United States. Staying current with technology has enabled us to provide our customers with the most efficient software products available in today’s market – all developed with Carleton’s guaranteed reliability and accuracy. For more information, visit www.carletoninc.com