Video-Banks In Cahoots With Payday Loan Businesses
Payday loans and banks? I like this! It’s worth watching no matter how you feel about banks, the payday loan industry, making money…The financial numbers quoted in this video are a bit skewed, a little dated and are meant as an attack on banks and the payday loan industry but check it out and leave [...]
State of the Payday Loan Industry Today
Here’s a quick summary of what’s going on in the micro-lending space today! The Internet side is growing 30% – 35%. There is a constant influx of newer, younger customers accessing short-term lending products. They’re coming to us via the Internet and their phone. Rather than cannibalizing the stores, the Internet is bringing new customers [...]
Payday Loan Franchise?
I received a call this morning from John. John wants to start a payday loan business. He’s been researching the payday loan industry for 6 months. John’s question, “Should he buy a franchise?” This particular payday loan franchise company requires John to have about $215,000 to open. This consists of a $35,000 one-time franchise fee, [...]
