Carleton has provided support for many years to a number of major payday lenders in the industry. As payday lending expands to offer closed-end lending, Carleton’s robust irregular and seasonal loan origination software is a proven solution for providing compliant disclosure that will meet all the wide variety of flexible payment schedules offered when originating or re-financing payday loans.
The federal Consumer Finance Protection Bureau (CFPB) now plays a major “watchdog” role making sure payday lenders are in compliance. Carleton is dedicated to playing a supportive role to the industry by providing compliance loan origination software and support services. Carleton has played a supportive role to the industry in providing consulting services related to the interest earning and compliant federal TIL disclosures.
Please visit our CarletonCalcs section for a detailed description of our irregular and seasonal loan origination payment software designed to meet the scheduling requirements of payday closed-end lending.
Carleton’s strength and expertise is keeping our payday LOS partners and payday lenders in compliance today and when regulatory changes occur in the future.
Contact us to see how we can work for you.