Payday Loan ACH versus Check 21

By | Dec 20, 2013

By: Jer Ayler at Trihouse – For Small Dollar Lenders – Check 21 vs ACH Payments Payday loan, installment lenders, car title loan and collection companies are discovering it’s a challenge to maintain a <1.5% charge-back threshold as required by NACHA and ACH processors. Check 21 provides another option to ACH processing. So… for a […]

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