How would you catch a fake contract

This applies more to brick and mortar payday loan operations.  How would you catch a fake contract in one of your stores?  Can you answer that questions?

Most owners don’t want to think about this, so they don’t.

The issue that I have w/ owners is that if they have very loose policies, they’re actually creating an environment that promotes fraud.

When they do catch their employees, it usually too late.  Their defaults are way up and they start to investigate.  At that point, it’s too late.

This issue was the topic of Jer’s Newsletter.  You can find Jer at the PaydayLoanIndustryBlog.

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