Payday loans company staff swap their jobs for fully-fledged careers
Workers at a Bromley-based finance company are benefiting from top-flight training and development designed to equip them for long-term careers in this growing sector.
Payday Express, a British provider of short-term finance solutions, is seeing positive results from its focus on staff development, with a motivated and effective team of employees.
Staff at the company based in Bromley, Kent enjoy a full, ongoing training and development programme within their different teams, and are given encouragement by their team leaders and managers to identify and pursue opportunities for external training in specific job-related disciplines which will help them develop their careers.
Ann Shepperly, for example, started work at Payday Express as a collections agent. However, a secondment within the company to carry out User Acceptance Testing (UAT) on its new Loan Management System showed her that she had an affinity for and valuable skills to offer as a software tester.
She has now taken on a role within the companys IT department as a QA test analyst, and is undertaking further training, with full company support, to help her to learn the extra skills her new role demands.
Another Payday Express staff member whose ambition has led to her gaining a new role, is Anns former collections department colleague, Militza Smith. Now working in the companys fraud protection and liaison department, studying on a financial crime awareness course was the key to her gaining the confidence needed for her new role.
"Completing the course while still relatively new to the job was a great experience" she said. "I was experiencing some of the situations I was learning about, and I tried to incorporate the solutions into my daily work. "The course was a fantastic start on a career path that I had not even previously considered. It has broadened my horizons and taught me to think outside the box" Militza added.
Emma Furlong, group trainer for Payday Express, believes that the companys commitment to its workforces continual development keeps staff motivated and productive, and benefits not only them, but also the company and its customers. "We aim to offer a variety of internal training courses, and arrange external courses for specific skills, so that our staff challenge themselves, broaden their skill sets, and grow within their chosen careers" she said.
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Martineau is a user of payday lenders and is now switching to Wells Fargo's payday loan offering because the rates are slightly better, and the process is "more dignified" he said. (Susan Tripp Pollard/Staff) Tired of being buzzed into a storefront
By Joseph D. Bryant -- The Birmingham News BIRMINGHAM, Alabama -- The future growth of payday loan, title pawn and check-cashing businesses in Birmingham will be decided Tuesday when the Birmingham City Council votes on a proposed year-long moratorium.
2 editorial "Time to say 'no' to payday loan sharks." The editorial stated, "As we put it in 2009, payday loans are a 'modern-day form of usury.' California needs to follow the lead of the Defense Department and other states and give this lending
The 12-month loans appear to work on the same premise as payday loans – a quick online application process, limited credit checks and the money in your account within 24 hours. All you need to be eligible is a bank account, a job and to be aged 18 or
"Look over there -- payday loans,'' says the spokeswoman for San Jose-based Opportunity Fund, a Bay Area-based microlending nonprofit that helps small businesses get off the ground or expand. "And there's a check-cashing place on the corner.
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