Your Number One Challenge in Small Dollar loan Space?

By | Nov 24, 2013

What’s your #1 challenge in the small dollar loan space today? Take 30 seconds to tell me and I’ll share the results of our 10K+ readers. To learn and share, Visit Google Docs:

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Whoop dee do: Cash America Fined $5M Plus Reimbursements

By | Nov 21, 2013

Whoop de doo!  Wow! $5M in fines and $14M in “payback.” Cash America (CSH) had $46M in net INCOME for the 3rd quarter 2013. This will devastate them. Buy CSH; go long… This is OLD NEWS! CSH discussed their Ohio issues as early as last December. They already began issuing “reimbursements.” So their stock takes a […]

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FDIC Issues Final Guidance Regarding PDL Deposit Advance Products

By | Nov 21, 2013

Press Release FDIC Issues Final Guidance Regarding Deposit Advance Products FOR IMMEDIATE RELEASE November 21, 2013 Media Contact: Greg Hernandez (202) 898-6984 Cell: (202) 340-4922 Email: ghernandez@fdic.gov   The Federal Deposit Insurance Corporation (FDIC) today issued final supervisory guidance to FDIC-supervised financial institutions that offer or may consider offering deposit advance products. The guidance is […]

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Job: Collections Manager Position

By | Nov 13, 2013

Collection Manager – Manage Loan Operations and Loan Customer Care This is a management level position held accountable for the booking of all loans and the subsequent customer servicing whether initiated by customer inquiry, company policy, customer delinquency, or centralized outbound marketing. This position also manages the recovery of property pledged by customers to the […]

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Tom Nix: Nixland, My Wild Ride in the Inner City Check Cashing Industry

By | Nov 12, 2013

Tom Nix’s “Nixland” is just as its title states, “My Wild Ride in the Inner City Check Cashing Industry.” I laughed out loud many times as I read Tom’s exploits in the “loan shark industry.” In polite society, we refer to it as (AFS) Alternative Financial Services. Payday loans, car title lending, check cashing… Tom’s […]

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