Pew: Payday Loans Consume 30% Of Income In 35 States

By | Jan 29, 2014

Well, at least according to PEW :o) They have a payday loan agenda just like the rest of us! But, here goes… 5 Key Findings From Pew’s PayDay Lending In America | Create infographics

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ACH Payment Processor:Payday Loans-Darrell Issa

By | Jan 28, 2014

From Congressman Darrell Issa to Eric Holder, Attorney General, U.S. Dept of Justice [January, 2014] “The Committee on Oversight and Government Reform is… concerned the DOJ is inappropriately targeting two lawful financial services: 3rd party payment processors and online lending.” “… The overwhelming majority of merchants who rely on payment processors are honest and legitimate […]

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US Post Office and Payday Loans White Paper

By | Jan 28, 2014

By: Jer Trihouse Consulting. U.S. Postal Service to offer financial products like prepaid cards, remittances and even small consumer loans to underbanked consumers. Bankers criticized a suggestion the U.S. Postal Service offer financial products like small consumer loans to underbanked consumers, saying it was “a dangerous and foolhardy idea.” The agency’s Office of Inspector General […]

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How to Save Payday Loan Industry

By | Jan 27, 2014

By: Trihouse Consulting. Lenders, vendors, lawyers, borrowers… you want to die a slow death? Do you want AFS products to continue to exist in the market place? Take 5 minutes NOW and save our butt: http://financialservices.house.gov/tellyourstory/ Forward to EVERYONE you know who has a stake in our industry! Jer@TrihouseConsulting.com

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Banks Exiting Payday Loans-Oh, Wait They’re Entering PDL Biz

By | Jan 25, 2014

By: Jer Trihouse. Man, I’m seriously confused! This CNN Money piece indicates banks are exiting the payday loan – cash advance industry. But this piece at ABC Action News says banks are entering the industry. Which is it? It would appear EVERYONE is confused! The media, the banks, payday loan lenders, ACH providers, tribes, the CFPB, state […]

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