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Who Is WorkersChoiceUSA?
WorkersChoiceUSA
is a financial services firm that provides businesses with a
customized, fully funded, completely risk-free Financial Services
Program to enhance their employee benefits packages.
Our team consists of a diverse group of Payroll, Human Resource
and Accounting professionals whose combined career and life
experiences provided the genesis of the WorkersChoiceUSA
Benefit Program. As employees ourselves, we have encountered
the same short-term cash-flow challenges as most American workers,
and can remember many times when we experienced the need for
more cash than our paycheck cycles would allow. Whether we worked
for companies who offered no financial services in their employee
benefits packages, or very limited ones, our memories of the
stress and embarrassment of not having enough money for life’s
unexpected emergencies led us to a unanimous conclusion: We
need a benefit that will provide employees with a cost-effective,
confidential and convenient process of receiving an advance
on their wages, but requires their employers to do very little
work and assume NO financial risk.
We believe WorkersChoiceUSA
will enhance the lives of any business’s workforce by providing
eligible employees a payroll-deduct alternative to high-cost
loans, bank fees, and credit-card advance rates, not to mention
the ability to build or improve their credit scores. We are
very proud to offer this service to our fellow hard-working
Americans and will continue to develop programs that provide
businesses with solid tools for decreasing their employees’
financial-related
stress at work while, at the same time, improving
their financial outlook.
WorkersChoiceUSA
…our service is your solution!
Who is your parent company?
Our parent company, EMG Acquisition Group, LLC, has been in
the consumer and business lending arena since 1993. EMG is experienced
with storefront loans, online loans, personal loans and business
loans; and offers an array of loan products including signature
loans, property loans, installment loans and payday loans. Our
executives hail from Harvard Business School and other fine
universities, and include former Fortune 500 Financial Executives,
CPAs, and SPHRs. The EMG team has more than 60 years of lending
experience, and their electronic systems are unparalleled in
their safety and accuracy in the financial universe.
The vast experience EMG has with multiple loan platforms and
borrowers makes them the ideal organization to sponsor a new
genre of employee financial benefits. Almost 100% of consumers
who borrow from EMG would be able to borrow from WCUSA if their
employers would offer this benefit in their workplace, and those
borrowers would in turn experience substantial savings on the
cost of their loans. The reason is when they borrow as an individual
consumer they may have a credit history that identifies them
as “high-risk”, so if they do not have a good banking relationship
they are having to pay high costs for credit. When lending to
“high-risk” consumers, industry practice is to lend lesser amounts
at higher interest rates, as there is no real collateral to
secure the loan. If those same consumers receive a WCUSA loan,
their employment status becomes their collateral, and, as WCUSA
payments are payroll-deduct, almost 100% of WCUSA loans are
successful in timely repayment. This awesome success rate allows
us to offer much lower interest rates while still performing
the function consumers need and at which we excel. |
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About the Program