Collection Strategy No-No for PaydayLoans, Car Title & Check Cashers

By | Mar 25, 2010

n our industry, you’d better “get” collections. Comprehending Federal and state collection practices are crucial to us. After all, we’re really a “collections business.”

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Time to Use the Power of Text in Marketing and Collections for Payday Loan, Car Title…

By | Mar 16, 2010

Here is the how and why Text Messaging can help your Collection efforts INCREASE up to 25% or more and your payment defaults DECREASE by about 40%, as well as generate new leads and create repeat customers.

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Payday Loans – Consumer Federation of America Wake-Up!

By | Mar 15, 2010

Consumer Federation of America WAKE-UP! Educate yourselves first!! Payday loan consumers MUST HAVE BANK ACCOUNTS TO QUALIFY FOR A PAYDAY LOAN! Of course they must have a job also in order to pay us back.

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Payday Loan Business: A Magical Method to Increase Profits

By | Mar 11, 2010

Face it! Paying your employees $8.00 to $12.00 per hour just won’t get the job done. You have to incentivize your people to achieve your goals.

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Washington Payday Loan Law

By | Mar 7, 2010

The new law limits the size of a payday loan to 30 percent of a person’s monthly income, or $700, whichever is less. It also bars people from having multiple loans from different lenders, limits the number of loans a person can take out to eight per 12 months, and sets up a database to track the number of loans taken out by people.

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