How Payment Protection is Financial Empowerment

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What’s the point of your lending program? Yes, it’s a real question. Is it to make enough money from interest to subsidize other institution programs? Maybe it’s to empower people to make purchases they couldn’t do on their own. In reality, you know it’s a combination. While profits might not…

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5 Steps to Ensure Payment Protection, well, Protects Your Members

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In previous articles, we discussed the 5 Steps to Protecting Members Using Your VSC program and also with GAP & Depreciation Coverage. Then we looked at how Payment Protection specifically is a tool for Financial Empowerment. Here, we will cover the 5 steps you can take to help borrowers by…

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“You’re Special to Us” Credit Union Series [Videos]

Videos on Desktop - You're Special

Digital Transformation. You know, that thing far off in the future…right? Industry experts spent years trying to inspire action. Some listened. Others were slower to act. Of course, “the best time to plant a tree was 20 years ago. The second best time is now.” (That might be a Chinese…

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Best Payment Protection Providers & Insurers (2022)

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Credit Insurance and Debt Cancellation are evolving products. So a “set and forget” strategy is no good for anyone. Like everything else you manage, it demands regular evaluations to answer three questions: Is the product or service addressing the stated need? Is it embraced by staff and offered consistently? Are…

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