Various levels of marketing support are available. These may include co-branding, digital, in-branch, IVR etc. Justice for me will partner with your credit union’s marketing department to customize a marketing approach that integrates with your current strategy.
Loan origination and core system set-up vary by credit union. The Justice for Me technology is API and event-based providing flexibility to integrate directly with most core and LOS. Discovery between Justice for Me and the credit union is required to determine IT requirements.
The credit union can use it’s existing lending documents. To ensure compliance, your documents will be used in conjunction with the Justice for Me client/attorney disclosure agreements
Justice for Me strives to make sure the total engagement submitted by the attorney does not exceed the approved loan amount however, that may happen. Adjustments can be made to the loan based on the credit union’s lending criteria.
Justice for Me has a standard offering of an 18-month term, ten percent interest, and a 12-month payoff interest-free option, that JFM pays for. The credit union sets it’s own underwriting criteria.
The credit union owns the borrower relationship and the servicing of these loans.
Justice for Me pays the engagement invoices directly to the attorney and monitors quality control.
The implementation fee is determined by the level of partnership between Justice for Me and the credit union with a range of $0.20 – $0.40 per member.