Credit Technologies / Finance Your Care is a Pay Only for Performance FinTech company. We earn our fees by collecting a licensing fee ($375) from your patients if we are successful in getting them an acceptable payment plan. Since we are NOT a loan broker or a finance company; the lenders in our network offer your Practice rates and fees based on wholesale pricing. The costs to your Practice to use our service is limited to credit report fees and a one-time set up fee that is credited back to your practice if you close two or more loans in your first 30 days.
If the Applicant is approved and accepts a loan offer from any lender after submitting a request in our technology, we charge them a licensing fee of $375. To account for this fee, you will add the fee to the base loan amount requested when submitting the request with the lender(s). As such, the fee will be paid to your Practice by the lender at the same time you are paid for your services. Three days after we have verified that you have been paid, we will invoice your Practice to collect our fee back using the card you put on file. PLEASE NOTE: This fee is charged on all closings.
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