International Not-For-Profits Meet In New York

New York, New York, June 3, 2015 (Newswire.com) - ​​​International Not-for-profit Lending Organizations Meet in New York City to Discuss New Ways to Improve their Industry and Customer Experience Across the Globe

The international not-for-profits - Provident Loan Society of New York and The International Association of Collateral and Social Credit (PIGNUS) – will be meeting in New York on Thursday, June 4th, 2015 to discuss international trends involving consumer credit, collateral and lending.

"It is rare to find organizations that do not actively seek to make a profit in the collateral loan area. By allowing consumers to borrow against the value of jewelry, we are able to give financial access to those who do not have access to capital from banks."

Isaac Rodriguez, CEO Provident Loan Society of New York

“Since I took on the role of Chairman in Lima in May 2010, the financial and social outlook has changed substantially, and the much talked about financial crisis has brought with it significant changes,” said Antonio Pulido Gutiérrez – President of PIGNUS.  “Our institutions have not gone unaffected by all these changes and, therefore, we believe that our Association should become a privileged forum for the exchange of better practices, opinions and ideas, while continuing to keep in mind our social duty of promoting financial inclusion in our communities.”

The CEO of Provident Loan Society of New York, Isaac Rodriguez, says the lending industry is changing rapidly around the globe and he hopes this summit between two major global lending institutions will provide an exchange of ideas that allows both not-for-profits to find better ways to help consumers in financial need.

Provident Loan Society was created during the financial panic of 1893 and served as a regulated and viable option to borrow money.

Today, Provident Loan makes loans for 6 months, although consumers may choose to reduce or redeem the loan at any time during that period. It offers up to $100,000 in loans pledged against gold and diamond jewelry, fine watches and silverware.

“It is rare to find organizations that do not actively seek to make a profit in the collateral loan area,” said Rodriguez. “By allowing consumers to borrow against the value of jewelry, we are able to give financial access to those who do not have access to capital from banks.”

Provident Loan Society and PIGNUS will discuss new methods and emerging trends in the lending industries, which are quickly reshaping the financial landscape across the globe. The meeting will take place on June 4th at 5pm EST at the corporate headquarters for Provident Loan Society of New York – 346 Park Avenue South.

A statement and speeches will be released on June 5th at 10am on the Provident Loan YouTube channel http://www.youtube.com/c/TheProvidentLoanSociety

Provident Loan has locations throughout New York City, including multiple branches in Queens, the Bronx, Manhattan and Brooklyn. PIGNUS is headquartered in Milan, Italy. The nonprofit has a presence in 13 countries across three continents.

The International Association of Collateral and Social Credit was incorporated in September 1957 in Milan, Italy. It is a non-profit organization that represents and coordinates associated bodies that carry out credit activities with pledge warranties, also known as social loans in the broadest sense, and by their national associations. It has its own legal status and is governed by its Articles of Incorporation, which were approved in September 2004.

Money for PIGNUS is commonly lent against items that include paintings, jewelry, antiques and other commonly auctioned items. Provident Loan Society of New York frequently makes loans against jewelry collateral.

Provident Loan and PIGNUS are innovative influences in their markets.  They positively impact the lives of their customers who may have otherwise not been given the chance to receive affordable loans.

These companies have established a credible history of serving the people in need in the most efficient and safe way possible. The meeting will likely lead to improvements in their already top-of-the-line operations.

To learn more about the services of both companies and how you can benefit from them, visit their websites at:

http://pignus.org/

http://www.providentloan.com