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GOLDPoint Systems Blog

Original articles created to support the lending industry.

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Loan Servicing (2)

2 min read

How to Service Loans in Any State/Multiple States

When it comes to loan servicing across multiple states, you need a robust system to quickly and accurately manage loans, so you stay within the many...

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Report settings for transactions

4 min read

3 Report Settings to Consider in Searches for Specific Transactions

Transactions are the lifeblood of a loan. Without transactions, the loan stagnates and does nothing. Transactions are the means by which funds move...

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Assist collectors with optimized collection queues

2 min read

3 Ways Collection Queues Benefit Lenders

Unfortunately, not every borrower at your institution will keep up with their payments. Some of them may even fall behind enough to land themselves...

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7-day loan processing

2 min read

7-day processing: What about payments due on Sundays?

We hope by now you are enjoying 7-days-a-week processing. It’s been a year since our company completely revamped our system to process loan servicing...

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3 min read

Measuring Loan Delinquency: Recency vs Contractual Delinquency

Between recency and contractual delinquency, neither is necessarily better or worse for recordkeeping. The method you choose to measure delinquent...

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3 min read

Three Reasons to Check Loan Statistics Every Day

Loan and delinquency statistics are important matrixes for lending institutions to track. Most managers prefer to have that information updated more...

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Set Up Recurring Payments to Increase Credit Scores

1 min read

Recurring Payments Can Help Borrowers Boost Credit Scores

Good job, America! For the past 8 years, the average credit score for Americans has improved. It’s a great indicator of a good economy.

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adult-beard-business-2102415

2 min read

Getting To Know: Loan Patterns

One of the critical features of our Loan Servicing software is that you can service any of our products, in any state. And while that means a lot of...

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Notifications by Text Alert when Card on File Expires

4 min read

Sending a Text When Card on File Expires

For my kids’ school lunch program, I have a debit card on file in their online payment portal that debits my card $30 every month. I hadn’t looked at...

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Collection queues loan servicing

4 min read

Common Setups for Collection Queues

Collectors and employees at your institution use Collection Queues to contact borrowers concerning specific activity (or non-activity) on accounts....

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3 min read

The GOLDPoint API: Elevate Your Borrower Experience

No two lenders are the same; this is something we have learned after processing billions of dollars in lending transactions and helping lenders...

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3 min read

5 Ways to Create a Better Borrowing Experience

Today’s empowered borrowers have clear expectations about what they want in a lender. They are increasingly accustomed to a personalized digital...

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