Tag Archive for 'collections software'

It’s Just a Matter of Perspective

I came across a rather amusing article today at the Minnesota Independent.
The OCC doesn’t have a problem with national banks offering this type of loan, spokesman Dean DeBuck said. “It’s not a payday loan. It’s available through banks and bank branches. It’s something you don’t get at a storefront,” DeBuck said. “This is a product [...]

Keeping the Payday Loan Industry Alive Amidst Changing Legislation

It is no secret that the payday lending industry can be very profitable.
It is also no secret that the payday lending industry faces a very uncertain future, due mostly to proposed changes in regulatory legislation overseeing short-term lending.
Currently, Payday Loans are regulated state-by-state meaning that every state implements it’s own set [...]

Tips for “hunting” down info on the Payday Loan Industry

As with most days, I like to spend a bit of dedicated time each day to look for useful and current information regarding the Payday Lending Industry, a task which sounds easier than it actually can be at times.  I have found a surprising (and on some levels, not so surprising) lack of relevant and [...]

What are we actually regulating?

It’s no secret that the Payday Loan industry is constantly facing changing regulations in States all over the United States.  Not to worry, there are several States that have incurred seemingly strict regulations and Payday Loan operators are still able to flourish and maintain profits in the face of these changes.  Of course, those who [...]

Call Center Development Almost Finished

The development of the call center software (previously referred to as the CSR module) has indeed been a long journey, and we’re starting to see the light at the end of the tunnel. Its times like these that make me anxious to finish - mainly because I just can’t wait to give it a full [...]

Negative Thoughts and Your Business

Its been a few years since I’ve started in the payday loan business, and along the way I’ve met a good bit of people. Now for those who know me personally, you would know that I’m pretty young compared to my own business experience. It hasn’t taken me long, but I started to realize two [...]

Software solutions for beginners

I get a lot of different requests as my phone rings through out the week. Majority of these calls have to do with software inquiries and pricing. The problem is if you don’t know the payday loan industry well, shopping for software technology can be some what vague. You’ll see a lot of different options, [...]