Your Consumers: Smart Strategies for Providing Short-Term Liquidity
Velocity Solutions Bank Recovery Series
In a time when American households are lacking liquidity in record numbers, is your bank prepared to serve all consumers? Can you provide affordable short-term loans to help your customers avoid payday loan traps? Do you have the capability of applying alternative data to your underwriting methodology?
This whitepaper discuss how the current economic crisis is affecting consumers’ financial behavior, and various strategies and options for providing short-term liquidity to your customers in a time when they need your support more than ever.