Account Administration

Lendstar’s adminstrative processing utilizes proven systems that equate to efficiency and effectiveness.

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[vc_row el_class=”service_subpage_content service_overview_area”][vc_column width=”1/1″][vc_custom_heading text=”Overview” font_container=”tag:h2|text_align:center” google_fonts=”font_family:Roboto%20Condensed%3A300%2C300italic%2Cregular%2Citalic%2C700%2C700italic|font_style:400%20regular%3A400%3Anormal” el_class=”heading_top subpages_inner_heading”][vc_column_text]Precision, efficiency, and continuous improvement allow us to confidently serve you in the most effective ways
available.

Time is a valuable commodity these days, and with back-end functions that include mailing monthly statements and processing payments, as well as convenient options like automatic bank draft and other electronic services, it is easier than ever for your borrowers to pay on time.[/vc_column_text][/vc_column][/vc_row][vc_row el_class=”service_subpage_content service_services_area”][vc_column width=”1/1″][vc_custom_heading text=”Services” font_container=”tag:h2|text_align:center” google_fonts=”font_family:Roboto%20Condensed%3A300%2C300italic%2Cregular%2Citalic%2C700%2C700italic|font_style:400%20regular%3A400%3Anormal” el_class=”heading_top subpages_inner_heading”][vc_row_inner][vc_column_inner width=”1/3″][vc_custom_heading text=”Monthly Statements” font_container=”tag:h2|text_align:left” google_fonts=”font_family:Roboto%20Condensed%3A300%2C300italic%2Cregular%2Citalic%2C700%2C700italic|font_style:400%20regular%3A400%3Anormal” el_class=”heading_top heading_sub_content”][vc_column_text]

  • Monthly statements by mail
  • We save electronic files of statements for a rolling six-month period

[/vc_column_text][/vc_column_inner][vc_column_inner width=”1/3″][vc_custom_heading text=”Payment Processing” font_container=”tag:h2|text_align:left” google_fonts=”font_family:Roboto%20Condensed%3A300%2C300italic%2Cregular%2Citalic%2C700%2C700italic|font_style:400%20regular%3A400%3Anormal” el_class=”heading_top heading_sub_content”][vc_column_text]

  • Electronic cash payment

[/vc_column_text][/vc_column_inner][vc_column_inner width=”1/3″][vc_custom_heading text=”Account Management” font_container=”tag:h2|text_align:left” google_fonts=”font_family:Roboto%20Condensed%3A300%2C300italic%2Cregular%2Citalic%2C700%2C700italic|font_style:400%20regular%3A400%3Anormal” el_class=”heading_top heading_sub_content”][vc_column_text]

  • Due date changes
  • Payment processing
  • Late charge waivers

[/vc_column_text][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row][vc_row el_class=”service_subpage_content service_additional_area”][vc_column width=”1/1″][vc_custom_heading text=”Additional admin services” font_container=”tag:h2|text_align:center” google_fonts=”font_family:Roboto%20Condensed%3A300%2C300italic%2Cregular%2Citalic%2C700%2C700italic|font_style:400%20regular%3A400%3Anormal” el_class=”heading_top subpages_inner_heading”][vc_row_inner][vc_column_inner width=”1/3″][vc_single_image image=”308″ border_color=”grey” img_link_target=”_self” img_size=”full” alignment=”center”][/vc_column_inner][vc_column_inner width=”2/3″][vc_custom_heading text=”Credit bureau reporting” font_container=”tag:h2|text_align:left” google_fonts=”font_family:Roboto%20Condensed%3A300%2C300italic%2Cregular%2Citalic%2C700%2C700italic|font_style:400%20regular%3A400%3Anormal” el_class=”heading_top heading_sub_content”][vc_column_text]Since we understand the importance of your customers’ credit, Lendstar reports account statuses to all three major credit bureaus (Experian, Equifax and TransUnion) every month. We resolve any disputes, and make necessary corrections, to ensure that your customer’s credit information is always accurate.[/vc_column_text][/vc_column_inner][/vc_row_inner][vc_row_inner][vc_column_inner width=”1/3″][vc_single_image image=”307″ border_color=”grey” img_link_target=”_self” img_size=”full” alignment=”center”][/vc_column_inner][vc_column_inner width=”2/3″][vc_custom_heading text=”Government compliance” font_container=”tag:h2|text_align:left” google_fonts=”font_family:Roboto%20Condensed%3A300%2C300italic%2Cregular%2Citalic%2C700%2C700italic|font_style:400%20regular%3A400%3Anormal” el_class=”heading_top heading_sub_content”][vc_column_text]Loan Portfolio Servicing stays informed on current and upcoming laws that affect your loans. For example, we make sure the treatment of your accounts adheres to the Soldiers and Sailors Civil Relief Act. Each month, Loan Portfolio Servicing also compares the names of your borrowers to the Office of Foreign Assets Control’s blocked list.[/vc_column_text][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row]

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