LoanPay

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LoanPay

Easily Accept Loan Payments of All Types Across All Channels.

LEVERAGE LoanPay is a highly flexible and customizable loan servicing solution that enables financial institutions to accept loan, card, and mortgage payments across all channels including in-person, through a call center, online, and in the mail.

What Sets LEVERAGE LoanPay Apart

LEVERAGE LoanPay enables financial institutions to accept various loan payments from their customers, including auto and business loans, mortgages and credit cards.

LEVERAGE LoanPay provides:

  • Increase Efficiencies - Reduce costs associated with highly manual back-office tasks.
  • Accelerate Funding - Reduce paper payments by providing more digital options.
  • Highly Accessible - Accept loan payments when and where it is most convenient.
  • Enhanced UI - Provide an excellent user experience with our intuitively designed platform.
  • Reduce Costs - Cut days from payment delivery by offering automated payments.
  • Robust Reporting - Gain greater visibility into a loan's status through online account data.

Through LEVERAGE LoanPay, we can easily enable core connections with all major cores:

Core Connections

FAQs

With LEVERAGE LoanPay’s fully hosted, private-label platform, finanical institutions can process loan payments quickly and easily via debit card, credit card or any checking account. Whether used online, at the branch or over the phone, LEVERAGE LoanPay will improve processing efficiencies and increase user satisfaction.

LEVERAGE LoanPay allows users to manage multiple loans from a single householding account, supports any user ID or password requirements desired by the financial institution, and allows the financial institution to turn on or off the option of recurring card payments.

The user interface has been enhanced to provide faster, easier access to loan data, and data reports are available to download as an Excel, CSV, or PDF file. New account setup and password reset has been streamlined for an improved user experience.

LEVERAGE LoanPay is available through a hosted link or through an optional single signon login process. LEVERAGE LoanPay can customize the look and feel of the application to match your branding.

For more information, email consulting@myleverage.com.