CSO

Would you like to offer Cash Advance Loans to your customers in Texas? Become a Credit Service Organization (CSO). You can charge $20.00 per hundred for the loans you arrange for a third party lender. The average loan is $300.00 and the average term is 14 days.

You will need to be licensed by the state as a CSO. You will need a lender that is willing to accept 10% APR for the loans you arrange. You are required by the state to guarantee all the loans you arrange for your third party lender. You will need software to manage your loans.

Our LoanSafe Software will manage everything for you and all your loans will be 100% guaranteed in seconds. Just use your web browser to securely submit information about your loan customer to your third party lender. The LoanSafe Software will score your customer, and we will guarantee or deny that loan based on information in our proprietary scoring system. Once the loan is guaranteed, your worries are over. If your customers check goes bad, just remit the check to USRS, and USRS will reimburse you for the amount of the loan plus the interest with an ACH to your account.