Inside the technical mind of Synaptic Database
Big Banks Prepare for Regulation E: By Gabriel Rodriguez
According to a Press Release from the United States Federal Reserve Board, big banks are in for some big changes this summer. Regulation E, in summary, is a new regulation that will go into effect July 1st, 2010. This regulation prohibits banking institutions [...]
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 [...]
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, [...]
One of the requirements in carrying out a full scale internet payday loan operation is the CSR module. The purpose of the CSR (which btw, CSR means customer service representative) module is to enable customer service clerks to finish out the rest of the underwriting process. The web application as advanced as it is, will [...]
For a long while, I always felt a little timid when explaining to people what it is I exactly do for a living. Because of the recent stigma generated by the mass media, payday loan merchants are despised and viewed as “loan sharks”. Being the smart person that I am, I never bought into the [...]