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Pending Collections

When using EPIC’s Installment product you get the benefit of a new loan status, called “Pending Collections”. Loans in Pending Collections have a grace period and a maximum number of missed payments, which are both determined by you – before the the loan status will be changed from pending collections to collections. While the loan is in Pending Collections status, you have ample time to work with the consumer to get the payment(s) in, to avoid having the loan go into a negative status. Loans in Pending Collections continue to accrue fees based on your system configurations.

Demo Request

If you are interested in an EPIC demo, please call 1 (877) 305-EPIC or complete the Demo Request form to schedule a demonstration.