Payday Loan Industry-Opportunities, Challenges and Respect

By | Jan 30, 2012

Jer here. My rant today targets the multitude of opportunities in the payday loan space. Capital is simply a commodity! Ask what your financier brings to the table in addition to dollars. This isn’t a short analysis. You want superficial B.S? Click away now . Pay the price, invest 5 minutes of your time and […]

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Bankers Can Learn from Payday Loan Lenders

By | Jan 26, 2012

Payday loan lenders get a little respect! Michael Moebs, CEO of Moebs Services, was quoted in American Banker as follows: “Banks can learn from payday lenders’ streamlined lending approach, says Moebs. “The thing that I’ve admired about that industry is it’s extremely efficient. They would make a banker’s head spin with how fast they can […]

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CFPB Payday Loan Short Term Small Dollar Lending Examination Report

By | Jan 20, 2012

This from the CFPB website January 19, 2012: Today, the Consumer Financial Protection Bureau traveled to Birmingham, Ala., for our first field hearing. We gathered to discuss and collect information on payday lending. The payday lending market is a multi-billion dollar industry in the United States, and Alabama has one of the largest concentrations of […]

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A Tribal Perspective on the Payday Loan Industry

By | Jan 12, 2012

SaveTheTribe.org offers some compelling commentary regarding why the payday loan tribal (Sovereign Nation ) model is under attack.  Here’s a portion of the Post at their Blog: “There are over 22,000 payday loan stores in the United States. Regardless of protests from consumer advocates this is clearly a product with high demand. The majority of […]

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PDL Convention-CFSA Community Financial Services of America

By | Jan 4, 2012

I’ll be at the March CFSA 2012 so call/text if you want to meet up and buy me a glass of vino :o) If you’re currently in the payday loan space, or you plan to be, you must attend CFSA 2012. Here’s a link to check it out: CFSA Event For the password to enter […]

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