Have you thought about adding payday lending to your pawn business? Are you doing PayDay loans but not getting the return you deserve? Or, are you in the business now and would like to increase your money on the street without increasing your losses?
LoanSafe can help.
The LoanSafe product allows you to have your loans 100% guaranteed in seconds. Just use your web browser to securely submit information about your PayDay loan customer, and we will guarantee or deny that loan based on information in our proprietary scoring system and from 3rd party verification services.
Once the loan is guaranteed, your worries are over. If the check goes bad, just remit the check
to USRS, and USRS will reimburse you for the amount of the loan plus the interest with an ACH to your account.
Your warrantee rate of 6.98% will be held for 3 months. After the 3 month period your rate will adjust monthly, from a low of 5% to a high of 18%, based on the profitability of your account. The average warrantee rate paid by LoanSafe Store Front clients, based on activity over the previous 12 months, is 6.67%. A $0.50 charge per loan inquiry (or transaction fee) will be assessed to your invoice along with your warrantee fee. An invoice will be sent by email twice a month.
Contact us for additional information on LoanSafe.
Category: Payday loans