GOLDPoint Systems Blog

Original articles created to support the lending industry.

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2 min read

Electronically Signing, It’s Never Been Easier

If we’ve learned anything from the recent pandemic, we’ve learned that you can do a lot of things remotely. We can use Zoom to have “face-to-face” meetings. Our kids can do lessons online. We can use apps and websites to order food. And thousands of...

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3 min read

Understanding Precomputed Interest Loans

Precomputed interest loans are a popular method of lending for borrowers requesting less than a few thousand dollars for a loan term of less than...

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1 min read

Introducing a Great New Product to Help with Exception Handling

We have an easy-to-use product we’ve implemented into our deposit and loan servicing product, CIM GOLD®. This new product is called GOLD...

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Tips to understand customer payoffs

3 min read

Understanding Customer Payoff Quotes

Payoff quotes are an integral part of lending. Most customers need a payoff quote from a previous lender before opening a new loan for another...

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4 min read

How to Resolve the Payoff Error Message in CIM GOLD

Intended audience: Current clients and testers of GOLDPoint Systems

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1 min read

Collateral Doesn’t Have to be a Conundrum

When we say that GOLDPoint Systems strives to provide products to fit your institution’s every need, that commitment includes accommodations for...

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2 min read

A Window into How Two-way Texting Works on GOLDPoint Systems

A tutorial on texting seems like a waste of time. We all know how to text, right? But what if you are a collector using GOLDPoint Systems software,...

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3 min read

Regulatory Announcements

Regulatory Announcements

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Google Pay Apple Pay

3 min read

If You Build It, They Will Apple Pay: Exploring Digital Wallets

Recently my family was visiting my brother and his family, and we ordered a bunch of pizza for all of us. Since I didn’t have any cash on hand, I...

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loan calculation methods for loans

4 min read

Five Interest Calculation Methods Important to the Lifeblood of Loans

I remember being in Mr. Harrison’s 6th grade math class when he described interest to us. He said that if we had a 30-year mortgage and took all 30...

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Guide to Conventional Loans

18 min read

An In-Depth Guide to Conventional Loans

Loans can be categorized with one payment method. Our system allows seven possible payment method codes. Payment method codes determine how interest...

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1 min read

A Brief Guide to Action Codes

When dealing with hundreds or even thousands of loans, it’s impossible to always remember the special considerations each individual account needs....

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