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Overview
The
concept for CashTrax was devised in September
2002, by AeroAdvance, an active payday lending
company that, from its inception, realized
the intricacies and complexities inherent
to payday lending.
The
CashTrax development team is comprised of
military trained designers and veteran programmers
in Silicon Valley, with vast a technical
knowledge, who have worked to assemble the
foundation, infrastructure and design of
the database for the CashTrax system.
AeroAdvance
Financial, Inc. understood that its CashTrax
System required efficient loan tracking
functionality and components that interact
and communicate information with speed and
accuracy. Email, Fax and telephone accessibility
are requirements that are critical to the
system.
CashTrax
encompasses technology that provides special
online features for immediate payday loan
notification, loan extensions, denials,
and approvals. With thousands of daily incoming
and outgoing emails and increasing prospects,
manual operation of these functions is not
an option.
Regular
features of the CashTrax System are: (1)
precise organization of payday loans; (2)
payday lending extension listings; (3) customer
rollovers, (4) refinancing listings, and
(5) filing of pertinent customer data, which
are integral facets of payday lending. An
essential, standard feature of CashTrax
is the ability for customers to access their
own accounts to request payoffs and/or extensions
of loans, while lender automatically maintains
control of all aspects of said accounts.
Comprised
of state-of-the-art technology, CashTrax
is situated in the forefront of payday lending
software, as a test worthy, practical, indispensable
payday lending software package.
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