Maynard L. Dokken used the philosophy of rewards for actions as a method to deliver a working solution from AssuredCard to reduce financial stress. It was a new idea and model meant to entice customers to create a plan that showed intent to fix pieces that caused stress to potential lower cost lenders.
We also removed the front end market and almost impossible competitive possibility of financial institutions referring business to lower cost lenders. This was a competitive cross-marketing opportunity for AssuredCard and profit center.
Now in the case of a financial emergency AssuredCard could do an almost instant evaluation and propose or deliver interim solutions quickly and with permission from the customers provide a copy of the plan, including progress, to potential lower cost lenders.
Those that did complete the steps, almost without exemption, found solutions. Many customers customized these steps for their particular set of circumstances. You can do the same and get results if you follow these principles and create a similar plan!
(all you need is paper and pen, word processor or spreadsheet program).
The Product
Part of the AssuredCard product was access to a account manager or representative for a $29 annual fee. Profits made from this and cross marketing efforts helped customers get through financial challenges and achieve Work Life Financial Rewards Goals.
The annual fee and cross marketing efforts income helped pay 75% of the cost for technology developed by AssuredCredit.
The initial method of processing leads after receiving their paper applications was email. We were working an an online portal for customers to apply and update status for account representatives and speed up evaluation. Deliver a quicker more cost efficient service. Also reduce the time and cost of paperwork. It was an ongoing effort creating a system for a more global audience.
As we progressed in our technology a new ASP company called Milinx took over development of these technologies including an Online Payment Gateway with Merchant Registration.
We were and are always working on new solutions. Many are still in development after this model's success.
We hope you benefit from them in the near future. Just keep checking the Maynard L. Dokken website or social media and chat services for updates.
So first let’s establish a starting point. A simple income and expense number. Step 1 Click here..
Add a Reduction Rewards List that can make your day and life better. Add fun lifestyle ideas to you day replacing stressful expenses. Step 2 Click here...
Say Goodbye to High Interest Debt and Hello to Better Days Ahead! Simple switch and change ideas can make a big difference in your monthly finances. Step 3 Click here...
Peace of mind is something we are always striving for, and having a Safety Net helps. Leverage the benefits of getting rid of High Interest Debt in Step 4 by creating a Safety Net Account. Step 4 Click here...
You time is worth something, always. Make it worth more every penny every day with simple tips and tricks to make you life journey better. Step 5 Click here...
This is great! You are now positioned to make things better for yourself and your loved ones with balance, better health and less financial stress. Step 6 Click here...
AssuredCard never had a single customer account compromised in its history. You can view “Forms” and “Systems” for details on how we protected our customers information even at the initial stages of building new technologies for online forms.
“AssuredCard never had a negative review from any customer or institution as we responded immediately and addressed any pressure on customers, or data integrity.” Maynard L. Dokken
One other important aspect of AssuredCard is we never accepted financial documents from financial institutions other than the account or card details to submit payments. They were always sent directly to the customer. We only made the introduction.