What We Do
TURNING POINT LOAN SERVICING SOLUTIONS focuses on small to medium-sized credit unions with collection issues or experiencing higher delinquency percentages than desired.
TURNING POINT LOAN SERVICING SOLUTIONS is fully bonded and insured, and the NCUA recognizes our servicing program. If you are having issues with the NCUA audits concerning delinquency, we can assist you in correcting those issues.
Considering Loan Servicing Services for your Credit Union?
By using TURNING POINT LOAN SERVICING SOLUTIONS as your loan servicing company, you can achieve:
- A way to reduce credit union overhead and expenses while keeping efficiency.
- The use of a full-service collection department includes handling repossessions, legal functions, and bankruptcy functions.
- Increased member contact hours of 6 days per week, including evenings and Saturdays.
- No third-party systems. All collection activity is noted and tracked on your own software.
- Customization to your credit union needs.
- Flat monthly fee based on services requested. Usually less than that of a full-time salary.
TURNING POINT LOAN SERVICING SOLUTIONS may work for you if:
- Your Credit Union profit margin is getting smaller and smaller, or if you are operating at a loss each month.
- Your credit union delinquency has been increasing each month or is not where you feel it should meet your Credit Union goals.
- You are having difficulty finding qualified collection staff or keeping qualified collection staff.
- Your collection department isn't running as efficiently as you feel it should, or you have areas of concern. TURNING POINT LOAN SERVICING SOLUTIONS can give even a small credit union a full-service Collection Department.
- You need to decrease staffing to cut expenses or refocus staff in other areas of the credit union while not losing efficiency or productivity in your collection department.
- You need expertise in the field of collection, collection laws, repossessions, legal management, or bankruptcy tracking in one company.
Our Team
Woodrow Williams, President and CEO
- A resident of Virginia Beach, VA
- Hobbies are Freshwater or Saltwater Fishing
- Graduated from UNC-Chapel Hill in 1983, Majoring in Business and Finance
- Over 40 years of Banking and Credit Union experience
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Reach out with any questions or to set up a meeting to discover the best path to your financial freedom!
Turning Point Loan Servicing Solutions, LLC
Hours
Monday - Friday: 10am - 5pm
Turning Point Loan Servicing Solutions, LLC
762 Independence Boulevard, Suite 400B, Virginia Beach, Virginia 23455, United States
Copyright © 2022 Turning Point Loan Servicing Solutions, LLC - All Rights Reserved.
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