...$249
($199 for Affiliation members w/discount code)
Upon payment you will be redirected to 'Go To Webinar' to complete the registration process.
All registered attendees will receive an email the day before the conference which includes the presentation materials.
Consumer Lending Opportunities: Strategies to Enhance Income and Retention
Webinar
11:00 AM CT
Presenter: Cynthia Traynor
Take Advantage of a New Source of Revenue and Better Consumer Retention
The regulatory environment is shifting. Regulators are scrutinizing the use of and disclosures required for overdraft programs—a major source of income and customer retention for most institutions. Rather than waiting for change, now is the time to be proactive and explore additional and alternative profit sources. Providing account holders access to short-term advances has created new income and improved retention for many institutions.Statistics suggest that 20% of consumers are using non-traditional credit sources for their emergency cash needs. Doesn’t it make sense to drive this business to your institution?
How do short-term advances work and is this the right service for your institution? What are the benefits and implementation considerations?
Join SCS Practice Manager Cynthia Traynor, as she answers these critical questions and provides practical guidance on what you need to know now about short-term loan services.
- What are short-term advances and how do they work?
- Why is now the time to consider this?
- How can your institution manage the risks, the rewards and maintain regulatory compliance?
- How do you properly implement, communicate and execute short-term loan services to your account holders?
Be ready for potential changes, ready to offer a new service to generate more income and ready to win and keep customers looking for a safe, affordable solution to their emergency credit needs.
Who should attend: CEOs, Head of Retail, Operations, Technology Officers, CFOs, EVP of Retail.