Who has access to
Contract Collection System data?
Lincoln Data customers' data resides on their own servers. Each installation may be configured to allow user access on a local area network, a wide area network or over the Internet. The single-user system may be installed on a stand-alone PC or on a server.
Customers using our Internet Inquiry Interface upload data to a secured independent host in Spokane, WA protected by 3DES data encryption. No data is shared with other companies. Data uploaded to the Internet host does not include social security numbers or bank account numbers.
Why are programs like "Bank Reconciliation", "ACH Interface" and "Internet Inquiry" optional features?
These choices allow you to select the most cost-effective software for your needs. You are not paying extra for features you wouldn't use. For example, a bank (or private lender) using the Contract Collection System may not issue checks and thus not need the integrated Bank Reconciliation System. It may, however, require the ACH Interface or Internet Inquiry options.
Similarly, a larger contract collection company may need the Internet Inquiry Interface where a smaller firm might not. A title or escrow company servicing many loans may require most options.
How many accounts can be handled by the Contract Collection System?
We have customers servicing from fewer than 100 loans to several with more than 5,000. Our more productive installations service more than 1,000 loans per employee. Larger contract collection departments generally offer Internet Inquiry to their customers which improves efficiency. There is no limit to the number of loans built into the software. Most customers servicing more than 1,000 loans use the multi-user Contract Collection System.
What are the system requirements for the Contract Collection System?
The text-based Contract Collection System is used running in a window under Microsoft Windows including Windows Vista. Windows 2000 or newer is required on the server if you wish to support workstations over the Internet using VPN. The Windows Contract Collection System is supported on Windows 2000 and newer including Windows Vista. Both systems require a laser printer.