More Stupid Things Lenders Do

By | Feb 20, 2015

More Stupid Things Lenders do. John Q. called me this morning. He owns a payday loan and car title lending store. He wants to “tighten up” his operation and open 3 more locations. I advised him to get a loan at “your biggest, baddest competitor in your market in order to copy and emulate their […]

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Two New Payday Loan Studies Reveal Merits

By | Feb 11, 2015

“Two new Payday Loan Studies Cast Doubt on Need for New CFPB Rules for the Payday Loan Industry.” Two new payday loan studies were issued recently whose results “fly in the face” of the standard “muck” thrown about by the CFPB, the CRL and the DOJ . 1) A Columbia Law School Professor, Ronald Mann, […]

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