LoanPAY is a comprehensive payments solution that ensures your borrowers and customer service representatives have the information they need in a format that facilitates better customer service and faster loan payments. From 24/7 Web-based services that consolidate multiple loans into a single view, to the ability for your customer service representatives to set up payment schedules over the telephone on behalf of delinquent borrowers, LoanPAY is your comprehensive loan payments solution.
- Reduce billing, mailing, and postage costs associated with paper invoices
- Reduce costs associated with bank and lockbox fees
- Reduce transaction processing and payment reconciliation time
- Eliminate credit card processing fees
- Reduce defaults and collection actions with event-triggered e-mails
- Update your loan servicing system in a real-time or batch environment