Small-dollar lenders offering payday loans, title loans, personal loans… are overrun by debtors claiming to be negatively impacted by Corona-19. Tens of thousands of debtors demand loan payment forbearance and deferrals even though they are working. How do you know?
Many of these claims are legitimate. Many are not.
Is their request for loan forbearance justified? Allow us to inform you in less than 14 seconds! Introducing IWVPro.com [Instant Wage & Income Earned Professional.]
We have a white-labeled platform with YOUR brand and logo that will verify their claim in >14 seconds!
How? We have a “data pipe” connected to your borrower’s employer! Cool, right?
Our platform provides, – in real-time up to the minute reports and alerts, whether your debtor is truly impacted by this pandemic. We can report to you how many hours and wages your debtors earned this a.m., yesterday, this week, last week, last month… in seconds at:
- Wallmart
- Amazon
- Uber
- Lyft
- USPS
- CVS
- Target
- Kentucky Fried Chicken
- Del Taco
- Pizza Hut
- & 22,000+ employers
Learn more! Jump on a short call with one of our Founders. It’s EZ. Don’t allow scammers to deprive you of your right to be repaid by a debtor claiming Coronavirus challenges.
“Sorry ABC Loan Company! I have not been working. My employer furloughed me. You know, that Chinese virus thing…” “Well Mr. Jones, I can see in my report that you worked for Starbucks 4 hours today and 32 hours for Best Buy so far this week.” “And I can see you put in 3.4 hours driving your 2017 Prius license plate number “I OWE MONEY” for Uber on the 14th.” “It appears you’ll be receiving approx. $632.82 this week.” “And then there’s that extra cash you received from taxpayers via President Trump.” “So, let’s honor that deal you made with me!”
IMAGINE the underwriting power your loan company could achieve by partnering our white-labeled wages and income earned platform with Instant Bank Verification [IBV]. Bye, bye First Time Payment Defaults FTPD] and the friction borrowers undergo in your onboarding process! POWER! IWVPro.com can offer you the ability to combine real-time visibility on your borrow applicant/debtor’s earned income and wages BEFORE they are ACH’ed to your client’s bank! We “SEE” the data BEFORE their bank does!
THIS is the power of Fintech today!
Want to learn more?
Try us for Free! Simply scroll down to our Inquiry Form below and provide your contact information. One of our Founders will schedule a short, no-hassle exploratory call at your convenience.
No setup fees. No contracts.
Use it. Try it. Be blown away by it! The future of underwriting is here NOW! Get on board or kick back and experience increased fraud, abandoned loan applications, and first-time-payment defaults. When your borrower is in default and claims “Coronavirus is killing me,” your Team will immediately know the truth!
Brought to you by Jer at “The Business of Lending.com.” Free Monthly Newsletter focused on all things related to “The Business of Lending to the Masses: Profitably.” Proud authors of the book EVERYONE in the business of lending have invested in: “How to Start/Improve a Consumer Lending Business.” Get your copy here. Immediate PDF download version available.
2 Replies to “Coronavirus Loan Forbearance: Legit?”
Great stuff. As a lender, I had no clue these tools even exist. Thanks Jer for helping us little guys stay in the game.
Thanks, Marty! That’s the way we interpret our jobs. To bring new financial tools for Lenders & collectors in “The Business of Lending to the Masses.”
Comments are closed.