Payday Loan solutions require a different origination and servicing support than traditional lending requirements. Lending criteria particularly with respect to online web based payday loan firms in comparison to traditional "bricks and mortar Payday firms is significantly different. Loans need to be processed quickly with limited support intervention and Special Services toolsets to manage collections is vital. This means origination support must be capable of complete underwriting and approval online and once the loan is approved funding and servicing must be tracked closely. MoneyIQ not only supports this, they also provide a complete online portal for customers to go and manage their loans, reapply for additional payday loans or submit payment for existing ones.

Firms can have the ability to create multiple web images for Payday Loans allowing them to create seperate competing identities while improving their market share across a broader customer base. Using our IBM server clustered hosting environment hosted at Fusepoint and manged by the team from Horn-IT, we have the ability to create a completely scalable platform for any clients needs.

For further information on how we can assist you in respect to these products and services please contact us directly at 1-866-578-7210 or via email at corpsales@moneyiq.ca.