State of Oklahoma & 4 Tribe Lenders vs CFPB

By | Nov 10, 2017

The CFPB is attempting to usurp States’ Rights again! Yes, unelected bureauocrats attempting to make further inroads to payday loan lending and tribal sovereignty. We’ve written about tribe lenders several times ever since the Wall Street Journal published their front page piece that quoted a founder, Jerry Ayles. No need to write more on this […]

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MLA Military Lending Act and Payday-Car Title Loans

By | Oct 25, 2017

By: Jer Ayles–PaydayLoanIndustryBlog.com The MLA Military Lending Act, outlaws implementation of ARB arbitration agreements for consumer credit contracts entered into by active-duty servicemembers and their dependents.  Lenders are denied by the MLA from including arbitration agreements in contracts for small dollar loans, payday loan, title loans…  extended to active-duty service members and their dependents where […]

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TLE: Tribe Lending Enterprise – Term Sheets, Tribe Resolution, Pro Forma, Marketer/Servicer Agrrement

By | Sep 24, 2017

Tribe Sovereign Nation Documentation, Term Sheets & More Do you need documents to form a tribe installment. payday. line-of-credit or car title loan company? I offer term sheets, tribe loan portfolio pro formas, TLE and Tribe Economic Development word docs… everything a new lender or a “servicer/marketer” requires in order to legally and formally launch […]

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Prestamos: Payday Loans & Serving the Latino Market-No One Does It Well

By | Aug 16, 2017

Necesito Dinero Rapido? Deed Money Fast? Prestamo = Loan = Prestamos [Excuse my lack of correct Spanish punctuation! It’s my keyboard AND my Spanish.] What’s my point? Jump on your phone or your computer. Do a search in Spanish for keywords in all the various incarnations of payday loan, fast cash, personal loan, loan today… […]

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Operation Choke Point: Court Orders FDIC to Turn Over Docs to Payday Loan Industry Assoc.

By | Jul 28, 2017

FDIC Ordered to Turn Over Documents in Operation Choke Point Lawsuit to PDL Industry Assoc. ‘Time for DOJ and FDIC officials to get a lawyer!’ The Federal Deposit Insurance Corporation (FDIC) was ordered to turn over documents related to Operation Choke Point late last week. District Court Judge Gladys Kessler told the government agency it […]

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