Client either gets a loan or makes an owner-financed purchase from a family member or friend. The two parties agree on terms of re-payment. When the time comes to fulfill the contract, we receive payment from borrower/buyer, forward it to lender/seller, and then report payment to all 3 major credit bureaus.
We are not a collection agency. We do not pursue payment. It is up to the lender/seller to procure payment. We do not give legal advice regarding loans. We do not provide contracts between the two parties although the terms of the contract will necessarily be included in the contract between us and parties involved.