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That is the epitome of serving the needs of your customers. 4) Spotloan - at the other end of the spectrum, Spotloan has a great deal of flexibility. They will tailor a loan (especially the timeframe of the loan) to your needs. And if you push for a better interest rate there is a decent chance that you'll get a better rate. This company is nice because rather than just working with the customer service team they have you work with an account manager directly, who will work on things to get the best deal possible for you. It's a great idea and I don't know why other tribal lenders haven't copied the concept. The downside, and it's a big one for a lot of borrowers, is that Spotloan will only loan out $800 on a single loan, and that's to returning customers as well. They really need to increase this dollar amount to at least $1,500. |
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