Payday Loan Lead Sellers Settle With FTC
Two payday loan lead sellers have agreed to settle Federal Trade Commission charges that their Internet advertising stated payday loan costs and repayment periods without disclosing annual percentage rate (APR) information as federal law requires. The settlements require the respondents to disclose APR information in similar payday loan ads in the future and to comply [...]
Florida Payday Loan Credit Services Organization Issues
The CSO or Credit Services Organization model for offering payday loans has been picking up steam in several states, most prominantly in Texas. There, the model has been confirmed by the courts and virtually every astute operator in Texas has adopted it.
If you’re not famialiar with the CSO payday loan model it essentially consists [...]
Payday Loan Companies Get Creative
We like the fact that the payday loan industry remains creative and optimistic about its future. Could that be because we interface with our customer every day thus gaining tremendous insight into their needs? Unlike those who continue to attack our industry without doing the work necessary to understand the payday loan industry and our [...]
