On a hard and fast schedule they agree upon when they get going and people repayments are now being serviced by personal Lender. Therefore personal Lender behind the scenes …. You understand, we have been producing the (inaudible) file that gets uploaded towards the (inaudible) book. We don’t go the funds, but we do go the data and so the cash is being drawn through the customer’s account either through ACH or through a debit card.
What are the results can be the client repays the mortgage, they’re reducing the loan, yet somehow the CD is slightly growing in the long run therefore by the end the client has paid the loan that is entire then simultaneously, the CD a unlocks then the consumer receives the cash either via ACH or through check.
James: then when we first got started, you understand, we created the knowledge to essentially have a begin date and prevent date and it also in fact is as if you pay it back, you will get the cash, end of tale. Leer más