LendProtect Canada launches its Canadian business by signing the largest
online short-term lender
<p>ROSWELL, Ga., <span class="xn-chron">March 29</span> /CNW/ -- LendProtect <span class="xn-location">Canada</span> Inc., a subsidiary of FactorTrust, Inc. the leading global specialized credit reporting agency for alternative financial services providers serving the under-banked consumer marketplace, today announced their Canadian market launch by signing Zippy Cash to exclusively use the LendProtect <span class="xn-location">Canada</span> specialized credit reporting solution.</p>
<p>"We are very pleased and excited to be working with LendProtect <span class="xn-location">Canada</span>. We view them as the leading provider in servicing alternative lenders globally, and always strive to surround ourselves with the best partners," said Terry Henhoeffer, President of Zippy Cash. The LendProtect <span class="xn-location">Canada</span> service offering will encompass proprietary Canadian loan performance data, bank account/payment data, and ID Verification data. This unique solution is delivered via LendProtect Canada's real-time decisioning platform, leveraging the predictive LendProtect score, which is a proprietary under-banked credit risk score for the Canadian market. "We pride ourselves on delivering the best solutions in the market. When the largest lender in the industry chooses you, it provides validation, and signals to the market that we have the largest loan performance database of under-banked consumers in <span class="xn-location">Canada</span>. We will continue to expand, innovate, and solidify our position as the go-to specialized credit reporting agency for alternative lenders," said Greg Rable, FactorTrust CEO.</p>
About FactorTrust, Inc. & LendProtect Canada, Inc.:
<p>FactorTrust is a leading Credit Reporting Agency and provider of consumer risk management and identity verification services for Alternative Financial Services providers serving the under-banked consumer market. FactorTrust's LendProtect solution effectively predicts risk by combining consumer credit data with public record, and alternative data sources to provide a comprehensive view of each consumer's credit history and identity. FactorTrust's industry leading position and rapid growth are attributable to quality of service, our customer focus, and the belief that FactorTrust's ultimate success is directly tied to the success of our clients.</p>
For more information, visit www.factortrust.com.
For further information: For further information: John Gordon, VP, Sales and Business Development, LendProtect Canada, Inc., +1-678-391-7084 Web Site: http://www.factortrust.com