3RD Party Payroll Deduction Management Service (PDMS):
- Performs employee affordability evaluation
- Manages deductions PRIOR to them being effected onto the payroll
- Builds trust between Lenders and Borrowers
- Help convert the employee salary/employment into an asset
- We mitigate credit and collection risk for financial service providers
Key Components of the PDMS system:
- Electronic live platform that is updated every time a transaction is performed
- Registry of all lenders
- Registry of all employers
- Registry of all employees
- Up to date payroll information
- Up to date loan information