Nortridge Software Blog

Offering variable rate loans can be a strategic move for lenders. In this article, we’ll explore what variable rate loans are, their benefits,….

The payday loan industry is a significant segment of the financial market, providing short-term, high-interest loans to individuals facing immediate financial needs. In….

Growing a loan portfolio is crucial for financial institutions aiming to boost revenue and stay competitive. A larger portfolio increases profitability and diversifies….

Productivity is essential for success in the lending industry. It impacts both operational efficiency and customer satisfaction. Streamlining processes by utilizing effective tools….

The lending software market is highly competitive, with numerous solutions vying for financial institutions’ attention. This article highlights the key features that make….

The back-to-school season is a critical time for student loan providers, marking a period of high demand as students and their families seek….

Cloud computing is transforming loan servicing, making operations more efficient and scalable. With cloud-based loan servicing software like Nortridge, financial institutions can better….

The lending landscape is rapidly evolving, driven by technological advancements and a renewed focus on ethical finance. Central to this shift are advanced….

In the not-so-distant past, loan decision-making was an elaborate dance of manual reviews and subjective judgment calls. Loan officers would meticulously sift through….

I wrote the original Nortridge Loan System (NLS). I’ve been coding for decades. Part of my job today is to meet with our….

The lending industry plays a vital role in the financial services sector, providing individuals and businesses with the capital they need to grow….

Default management is a crucial aspect of lending and financing operations. Effective collection is essential for reducing default rates, improving revenue and maintaining….

Lenders face a constant challenge in managing their loan portfolio effectively and reducing the risk of bad debt. Early warning of potential bad….

In today’s fast-paced world, effective communication is key to success, especially in the loan industry. With so many options for staying connected, it….

When we consider a purchase for anything, we’re always looking for justifiable means. We want to ensure that we are getting the very….

If you’re in the auto finance industry, you know that profitability is key. After all, it’s an intensely competitive field. With regulations always….

Having full visibility and control over loans and repayments is essential for any business that deals in lending. Why? Because these things ensure….

Any lender will tell you that they value anything that helps them in the processing, managing and servicing of their loan portfolios —….

Being a lender is no easy task — and it certainly doesn’t get any simpler when you’re managing multiple loans at once. Not….

Business Lending Software: 5 Core Things You Need to Know As a lender, you’re continually on the lookout for ways to streamline your….

When you are a lender, your loan servicing software is one of the most important tools you have in your arsenal. After all,….

If you’re a lender, then you know that staying organized is key to your success. What you might not realize is that using….