Most of our customers payments are weekly, rather than monthly because we try to mirror the pay period timing. For example, most people get paid weekly, so their payments are weekly. We do have some bi-weekly and monthly payers as that is when they get their pay checks.
Keeping in mind at CarLotta Credit, we are trying to make only affordable loans, we have found over the last 24 years that it is easier for our customers to budget and stay current, if we do match their payment due dates and individual pay check cycle.
Have a question or comment, we'd love to hear from you.
Carlotta, www.carlottacredit.com
Tuesday, March 9, 2010
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