PERTH, AUSTRALIA, April 09, 2013 (Press-News.org) The 1st of March was the start date of new legal changes to all Australian short-term lenders. Cash Train, a trading name of First Stop Money, was one of many to have additional steps in processing loans from the new legislation. For the month of March, Cash Train saw that their application processing time expanded and customer requirements impacted the normal simple and quick process.
Within the new laws, all Australian short-term lenders or companies that are offering a SACC (Small Amount Credit Contract) have to:
- View 90 days' worth of banking statements for all first-time customers applying for a SACC.
- Ensure that customers never pay fees that total the amount borrowed.
- Review any customer that takes out a third SACC within a 90 day period.
The team at Cash Train worked overtime to keep up with the additional paperwork and background checks which increased the processing time for applications.
CEO, Tim Dean comments,
"Here at Cash Train we maintain a very high standard of customer service and we wish to see each and every customer walk away with a loan the same day they apply. With the new legal changes it may have been a setback for the month of March, but from April onwards we are only going up from here. We have made internal changes to our processing so that customers will continue to see why we won the 2013 Australian Gold Customer Service Award and why they choose us to help with their cash flow worries".
The Cash Train team have made changes to their processes, so that customers can continue to experience a simple and easy service that complies with the new legislation:
- Procedures concerning approvals and processing applications have been prioritised.
- Documents can be directly uploaded on the website.
- Instead of scanning or emailing bank statements manually, they offer instant bank account statement verification automatically.
- Their customer service team has almost doubled.
Cash Train developed the changes in order to continue responsible lending and keep their high record of customer satisfaction. With a bigger team and an effective system to help customers meet legal requirements, they have been successful in maintaining a top quality lending service.
In the upcoming months there will also be major changes to their online application form for added customer convenience. It is expected to shave off time for customers applying and allow quicker processing by the Cash Train loans team.
Cash Train is a trading name of First Stop Money, one of the leading lenders in Australia. There aim is to provide customers with temporary financial release from short-term cash flow worries. Their cash advances can be easily completed online and from the comfort of a computer. Up to $1,000 could be processed within 3 hours.
Website: www.cashtrain.com.au
Cash Train Takes The Lead After New Legislation
Cash Train have implemented changes to their loan processes so that customers can continue to experience a simple and easy service that complies with new lending laws.
2013-04-09
ELSE PRESS RELEASES FROM THIS DATE:
Caterpillar 3116 Engine Now Available from National Power Supply
2013-04-09
A re-manufactured Caterpillar 3116 engine can now be purchased at National Power Supply. Shopping online is the new trend world over. Many people love the convenience that comes with shopping at their desk or at the comfort of their living rooms. The thought that people can shop online for their automotive is exciting as many people thought that only software, music and movies could be bought online. It is also exciting to note that engines can be remade for better functionality. There are many manufacturers that produce standard diesel engines. However for some reason, ...
Los Angeles Dental Implants Specialist, Dr. Afar, Offers Various Options for Replacing Missing Teeth
2013-04-09
Dr. Bijan Afar, Los Angeles dental implants dentist, offers a variety of tooth replacement options for those who have lost a tooth or several teeth due to decay, gum disease, accidents or other reasons. Several tooth replacement options are available, and the type used depends largely on the patient's needs, dental health status and preference.
Dr. Afar offers dental implants that look and feel just like natural teeth. Titanium dental implants replace not just the missing tooth but also its root, which results in a strong, durable, natural-looking restoration. Most people ...
Beverly Hills Dentist, Dr. Sands, Provide Comprehensive Cosmetic Treatments
2013-04-09
Many individuals realize that their smile is no longer as straight or vibrant as they would like it to be. These individuals will require cosmetic and restorative treatments in order to begin smiling with confidence once again, and that is why many are now turning to Kevin Sands DDS, Beverly Hills smile makeover specialist for some of the most effective restorative treatments.
A few simple steps can be taken by anyone to protect their smile throughout the years. This begins with daily brushing and flossing as well as regular trips to the dentist for biannual checkups. ...
Missouri trucking accident results in two deaths
2013-04-09
Driver fatigue is now suspected as a contributing factor in a deadly trucking accident that recently left two dead in southwestern Missouri. According to a report from the Associated Press, the driver of the truck involved in the accident has since been charged with two counts of involuntary manslaughter stemming from the two fatalities.
Specifically, the trucking accident occurred on U.S. 60 when the truck driven by the accused crashed into two other vehicles that were stopped behind a second truck at a traffic light - sandwiching the two smaller vehicles between the ...
The basics of drugged driving charges in Texas
2013-04-09
When most people hear "DWI," certain things images come to mind, like a swerving driver pulled over by a flashing blue light, someone standing on the road walking the line while taking a field sobriety test, a strong aroma of alcohol, maybe some slurred speech.
While all of those things might be true for DWI/DUI charges based on the presence of alcohol, not all DWI cases are the same. In Texas - and across the country - it is possible to be charged with DWI without drinking a drop of alcohol.
The law
Chapter 49 of the state's penal code (the chapter governing ...
Many Georgia nursing homes poorly rated in new report
2013-04-09
For many families, there are clear signs that a loved one is no longer able to live independently. Injuries and illnesses may develop that require more attention than family members can provide. Once the decision has been made to place the individual into a nursing home, the attention shifts to finding the facility that can offer a loved one the care that he or she needs.
When selecting a nursing home, there are many issues that family members will need to address as they review each facility, including location and costs. However, family members will want to do additional ...
Officials look to reduce wrong-way crashes in Georgia
2013-04-09
Atlanta experienced several wrong-way crashes in 2012, and Georgia authorities are examining methods to reduce these scary and often tragic auto accidents. Someone who is hurt by a wrong-way driver may be able to obtain compensation to help with his or her recovery from the accident through a personal injury lawsuit.
Wrong-way crash statistics
At the end of 2012, the National Transportation Safety Board reported the results of an investigation into wrong-way crashes across the nation. According to an NTSB fact sheet, the agency studied 1,566 fatal wrong-way accidents ...
Parents of Olympic Athletes File Bankruptcy, Note Orlando Bankruptcy Attorneys, Clark & Washington
2013-04-09
The bankruptcy lawyers in Orlando, Clark & Washington, would like to discuss how many parents of Olympic athlete children find themselves in difficult financial situations. Even if child makes it to the Olympics and becomes famous, the debt their family incurs often leads them to file for bankruptcy. Such was the case for Gabby Douglas, Ryan Lochte and Lolo Jones, all internationally recognized Olympic medalists. Orlando bankruptcy attorneys, Clark & Washington, note that the main causes for the mounting debt are the expenses that families are forced to pay to keep ...
Atlanta Bankruptcy Attorneys, Clark & Washington, Explain the Difference between Chapter 7 and 13
2013-04-09
The Atlanta bankruptcy attorneys, Clark & Washington, want to remind residents that there are several types of bankruptcy. Chapter 7 and Chapter 13 are the chapters that will apply to most individuals and businesses, and they differ in many respects. It's these differences that people need to be aware of. Chapter 11 typically only applies to businesses that meet specific requirements, or abnormally complex consumer cases. Therefore, the Atlanta bankruptcy attorneys, Clark & Washington, recommend Chapter 7 or 13 for most of their clients. In any event, filing for ...
With Upcoming Tax Season, Atlanta Shredding Service, A Shred Ahead, Suggest Shredding Old Papers
2013-04-09
The Atlanta shredding firm, A Shred Ahead, would like to take a moment to remind homeowners and businesses to shred their dated tax documents. Many people simply discard these papers in the garbage, assuming there is no way they could ever be a victim of identity theft. The company notes that not all data should be tossed, however. Although it happens to just a small percentage of people, the IRS performs many audits every year. In the (unfortunate) event that this happens to you, you will want to be prepared for it. The only way to do this the right way is by having all ...
LAST 30 PRESS RELEASES:
Post-LLM era: New horizons for AI with knowledge, collaboration, and co-evolution
“Sloshing” from celestial collisions solves mystery of how galactic clusters stay hot
Children poisoned by the synthetic opioid, fentanyl, has risen in the U.S. – eight years of national data shows
USC researchers observe mice may have a form of first aid
VUMC to develop AI technology for therapeutic antibody discovery
Unlocking the hidden proteome: The role of coding circular RNA in cancer
Advancing lung cancer treatment: Understanding the differences between LUAD and LUSC
Study reveals widening heart disease disparities in the US
The role of ubiquitination in cancer stem cell regulation
New insights into LSD1: a key regulator in disease pathogenesis
Vanderbilt lung transplant establishes new record
Revolutionizing cancer treatment: targeting EZH2 for a new era of precision medicine
Metasurface technology offers a compact way to generate multiphoton entanglement
Effort seeks to increase cancer-gene testing in primary care
Acoustofluidics-based method facilitates intracellular nanoparticle delivery
Sulfur bacteria team up to break down organic substances in the seabed
Stretching spider silk makes it stronger
Earth's orbital rhythms link timing of giant eruptions and climate change
Ammonia build-up kills liver cells but can be prevented using existing drug
New technical guidelines pave the way for widespread adoption of methane-reducing feed additives in dairy and livestock
Eradivir announces Phase 2 human challenge study of EV25 in healthy adults infected with influenza
New study finds that tooth size in Otaria byronia reflects historical shifts in population abundance
nTIDE March 2025 Jobs Report: Employment rate for people with disabilities holds steady at new plateau, despite February dip
Breakthrough cardiac regeneration research offers hope for the treatment of ischemic heart failure
Fluoride in drinking water is associated with impaired childhood cognition
New composite structure boosts polypropylene’s low-temperature toughness
While most Americans strongly support civics education in schools, partisan divide on DEI policies and free speech on college campuses remains
Revolutionizing surface science: Visualization of local dielectric properties of surfaces
LearningEMS: A new framework for electric vehicle energy management
Nearly half of popular tropical plant group related to birds-of-paradise and bananas are threatened with extinction
[Press-News.org] Cash Train Takes The Lead After New LegislationCash Train have implemented changes to their loan processes so that customers can continue to experience a simple and easy service that complies with new lending laws.