Are you a PayDay lender who is not sure how to handle your bad debt? Have you
always wanted to become a PayDay lender but were afraid of the bad debt?
Are you doing PayDay loans, but not getting the return you deserve?
LoanSafe is here to help.
The Loan Safe product allows you to have your loans 100% guaranteed in
seconds. With the help of your PayDay software provider, you can securely
submit information about your PayDay loan customer and we'll provide you with a
guarantee or denial based on information in our proprietary scoring system and
from 3rd party verification services. This process takes about 1 to 3
seconds. The PayDay software provider would post to our website via XML
posting. We provide all the documentation and specifications for your
Just use your web browser to securely submit information about your PayDay
loan customer and we'll provide you with a guarantee or a denial based on
information in our proprietary scoring system and from 3rd party verification
You are billed a small fee for guaranteed transactions and once it's
guaranteed your worries are over. If the check goes bad, just mail the check to
us, and the next business day we electronically put the money in your account.
How LoanSafe works:
|Our collection department takes a soft approach to collections. We want
your customers to pay off their bad check and come back to you to get another