U.S. Federal Lawmakers Introduce Payday Loan Bill

By | Jul 29, 2012

This federal payday loan bill, by Reps. Blaine Luetkemeyer (R., Mo.) and Joe Baca (D., Calif.) is a revision of an earlier bill. It includes changes to reduce criticism that this new piece of legislation is an attempt to circumvent CFPB. If carried, this new federal charter would carry some specific rules, including prohibitions against […]

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EZCORP Reports Record Third Quarter Net Income Of $28.5 Million Up 8%

By | Jul 25, 2012

In case you failed to listen-in on the EZCORP Conference call, here’s a few bullets: “At a consolidated level the big movers, in revenue terms, were jewelry scrapping sales and consumer loan fees.” “EZCORP, Inc. (NASDAQ: EZPW), a leading provider of instant cash solutions for consumers, today announced results for its third fiscal quarter ended […]

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Payday Lending in America: Who Borrows, Where They Borrow, and Why

By | Jul 22, 2012

PEW Research issued this 7/18/2012: Payday Lending in America: Who Borrows, Where They Borrow, and Why Link to PEW Report

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Payday Loan Tribe-Sovereign Nation Model by Marc Benjamin at The Fresno Bee

By | Jul 11, 2012

Marc Benjamin at The Fresno Bee wrote a very informative piece on the payday loan tribe-sovereign nation model at: The payday loan industry generates $52 billion worldwide each year, and Chukchansi officials hope to get a piece of it. They’re not alone; about three dozen tribes are in the business across the United States, said […]

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Why Google Hates Payday Loans (But Loves Profiting from Them) More Thoughts

By | Jul 10, 2012

Why Google Hates Payday Loans (But Loves Profiting from Them) From an anonymous search engine marketing company working in the payday loan space. Published anonymously to avoid possible retribution from Google or other companies. Not only Google loves to hate payday loans but so does banks and credit unions.   Google has taken some dramatic […]

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