INNOVATIVE PAYDAY LOAN PRODUCTS
INNOVATION in OFFERING PDL PRODUCTS & SERVICES It’s time to rethink our approach to serving the payday loan consumer. In addition to building a payday loan operation from scratch, I’ve been consulting in this space since 1998. I attended my first FISCA convention in 1999. I’ve attended virtually every FISCA and CFSA convention since then [...]
Jer Ayles-Ayler Trihouse on the Road with Payday Loans & More
AFS (payday loans, check cashing, currency exchange, money transfer, car title loans, tax refunds…) products and services coming
Tales from the Payday Loan Trenches
Bob’s two stores are netting $50,000 a month before taxes. He’s got a default rate of less than 3%. (Bob’s a little maniacal. He visits his late payers at their home! 3 years on the job are required to qualify for a loan from him.)
Tribes Profit on Payday Loan Rules – Wall Street Journal – Jer-Trihouse
Today’s Wall Street Journal article on page C1 (Thursday, February 10, 2011) states,”The sovereign-loan model is exploding and will be the future lending model for payday loan companies, said Jer Ayler, president of Trihouse Inc. a payday loan consultant in Las Vegas.”
What’s ALICE Got to Do With Payday Loan Customer Demographics?
Payday Loan Industry: “In such an economy, where the margin between personal income and the cost of living is continually narrowing, our products and services can provide a real benefit for consumers and small business owners who may be confronted from time-to-time by an unexpected auto repair bill, a medical bill, or the need to replace broken or obsolete equiptment in order to keep their small businesses operating. The number of ALICE people are increasing around the globe…”
Positive Payday Loan News-Wall Street Journal and CNBC
The payday loan industry received some very positive attention from wall street today! Get a copy of today’s Wall Street Journal and view CNBC’s Maria Baritromo program!
How’s the Payday Loan Industry Doing Today? Just Ask!
Want to know what’s REALLY going on in our industry today? Here’s a free method you can use to find out exactly what’s happening without having to deal with the BS a vendor might feed you. JUST ASK!
Yeah! Just walk into a local payday loan, car title, pawn shop,check casher, gold buyer store or whatever and ask the employee, “How’s business?”
The Future of the Payday Loan Industry Revisited Again – An Expert Opinion
In summary, I do not believe that the people who will lead the BCFP and who will execute the BCFP’s rulemaking process will regulate the payday loan industry out of business on the basis of prejudice, malice or politics, or that they will promulgate regulations in anything other than a near-plodding, diligent and fair way. I do not believe that a payday loan is “deceptive” or “unfair” within the common legal meanings for those terms, and I do not believe a payday loan can be shown to be “abusive” without the BCFP’s impermissible intrusion into interest-rate matters denied to it under the statute.
Hang In There Payday Loan Fans! The Future is Ours!!
So… with no end to consumer demand for our products and services in conjunction with an industry composed of some of the most intelligent and creative men and women on the planet, I’m 100% certain the payday loan, car title loan, check cashing …the whole micro-lending niche will not only survive but prosper in the coming decades.
Payday Loan Business: A Magical Method to Increase Profits
Face it! Paying your employees $8.00 to $12.00 per hour just won’t get the job done. You have to incentivize your people to achieve your goals.
