Infiltrated: Who is Really Funding PEW, The Center for Responsible Lending & more

By | Aug 26, 2014

Know thy enemy. If you don’t, you can’t fight effectively. And, make no mistake, this is the fight of our lives. Because our enemy – self proclaimed consumer protectionists and regulators – want to destroy us. You’ve got to read this book! The man who funded PEW and The CRL (Center for Responsible Lending) – […]

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Your Payday Loan Software Vendor Can Kill You

By | Aug 22, 2014

Richard Cordray with the CFPB stated, “Our investigation found that for three years First Investors had a flawed computer system –  purchased from a vendor – that provided inaccurate information to credit reporting agencies. When First Investors discovered the problem in April 2011, it notified the vendor but did nothing more. The company did not […]

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Biggest Payday Loan Game Changer? Bet You Can’t Guess!

By | Aug 19, 2014

Nope! It’s not compliance, regulation or the CFPB. You’ve seen this coming since the day you got into this game. Game changing rules are a fact of life as a money lender. Wrong! It’s not John Oliver’s Last Week Tonight Show laugh your ass off satire on the payday loan industry. Even John had to […]

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Payday Loan Collections: Direct Lender Continues Expansion

By | Aug 13, 2014

PAYDAY LOAN COLLECTIONS / CUSTOMER SERVICE ADVISORS [A sponsored listing] Collections / Customer Service Advisors, Nottingham, £17,000 – £19,000 + Excellent Benefits – Have you got excellent communications skills with the ability to develop strong customer relationships? Do you have a positive outlook with the drive, commitment and attitude to build a career with a market […]

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Examples: Damage by Operation Choke Point to Payday Lenders

By | Aug 8, 2014

“I will offer a few examples of the damage that Operation Choke Point has already done to the short-term credit industry. One lender, Advance America, has lost longstanding and positive business relationships with at least nine banks as a result of Operation Choke Point. Hancock Bank and Whitney Bank informed Advance America of their intention to close its accounts […]

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