Calculating APR (Part 2)
In a previous blog, we talked about the difference between the APR and the stated interest rate, and the factors…
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Game-changing strategies, insider insights, and powerful solutions for growing your lending business.
Explanation of Deviation from TILA Disclosure
The following is an excerpt from an email I received from a client: Hello Aaron, We calculated a loan in…
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Switching to Switch – Nortridge’s New Hosted Data Center is State of the Art
Nortridge Software is in the process of migrating to Switch, a state-of-the-art data center that’s considered the best in North…
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The Unforeseen Economic Consequences of Thanos Finger Snap
This is what Einstein would have called “A Thought Experiment.” In figuring out relativity, Einstein would imagine a premise, usually…
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Han Solo’s Debt Revisited
A long time ago (in a galaxy far, far away) I wrote a blog entitled “How Much Did Han Solo…
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Keys to a Successful Nortridge Loan System Implementation
Rather than scratch the surface that has been scratched so many times, I’m going to get down into the weeds…
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Turning Data to Gold
Have you seen any of those gold mining programs on television lately? It seems everyone has gold fever, and gold…
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Data – The New Moat for Lenders
The word around Wall Street and Silicon Valley is machine learning is going to revolutionize every industry – including financial…
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What is the Effect of Beginning or End of Day Accrual on APR?
In a previous blog, I detailed out the Reg Z method for determining APR from a payment stream. In another…
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