Inside the technical mind of Synaptic Database
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 [...]
I would like to discuss an article I have found today. And it started off so well…..
“The best thing that can be said of payday lenders is that their practices are no more predatory than some by banks, credit unions and credit card companies.”
- YES!! Sometimes it seems so far and few between that [...]
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 [...]
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 [...]
Before I started out in the payday loan industry, I was a software developer for big companies like Sungard and other software vendors of the like. Thats not counting all the millions of trips ive taken as a technical consultant for these companies to visit blue chip energy companies like BP, Calpine, and Shell. Back [...]
The ideology behind the Empower Network concept is derived off a single economic assumption; the increasing rise in demand for the payday loan service will cause over saturation of the market, forcing payday loan operators to lower the premium on short term loans. Synaptic Database sees the payday loan [...]