CheckSmart is Using Bank-Issued Prepaid Cards to Evade State Payday Laws
Personally, I think it’s BRILLIANT! It’s a PR piece but revealing… Bank Regulator Urged to Stop Community Choice Financial Inc., Going Public May 8, From Using Prepaid Card Payday Loans to Evade State Law Washington, DC?The payday lender CheckSmart is using bank-issued prepaid cards to evade state payday laws and today a coalition of consumer [...]
Delaware Payday Loan Laws-Legislation
Payday loan legislation moving along… DE PDL Law
Payday Loan Marketing Idea
This picture says it all! This “graphic wrap” for your business is a no-brainer. Drive it… move it… park it… better than signage. It certainly can compensate for a poor location! Budget $2500 depending on your locale. Email us for your local installer. Need know-how? Want to start a payday loan business? Sign up for [...]
ZestCash At It Again: New Credit Technology = State Expansion
Interesting Post at Bank Technology News regarding Zest Cash Expansion in more States and implementation of technology to fund more consumers.
CFSP-CALIFORNIA FINANCIAL SERVICE PROVIDERS ASSOCIATION
It’s not too late to register for the CFSP California Financial Service Providers Convention in Coronado, Calif. It’s May 6 – 8, 2012. You want to know the latest regarding trends, tactics, compliance, regulation… ? Register Now! Even better, this year it’s at the beautiful Loews Coronado Bay Resort and Spa! I’ll be there. Call [...]
Payday Loans-Offshore-Tribe-State-by-State, Call Centers, Licensing
As those of you who receive my Monthly Newsletter know, the past 30+ days I’ve visited Cancun Mexico, Miami, the Bahamas (Nassau) and, as I write this, San Jose, Costa Rica. All of these fact-finding trips focused on various payday loan licensing models and outsourcing of various integral pieces of payday loan operations to service [...]
Pennsylvania Payday Loan Law Update
http://www.loansafe.org/bill-could-allow-payday-lenders-back-into-pa Pennsylvania payday loans on the way… look for this to become a reality in many of the “dark States.”
DFC Global (Payday Loans, Pawn) Borrowing $200 million at 3.25% senior convertible notes due 2017.
DFC Global -DLLR- is getting their hands on $200 million dollars at 3.25%! Yeah, the notes have a convertible feature with a 21% premium but geez Louise! My clients and I have to pay 2% – 3% A MONTH for capital to put on the street. From the Press Release: The notes will be unsecured, [...]
Payday Loan Tribe Lawsuit -Tucker “Rent-a-Tribe” Update
Payday loan tribe model: wrong move? Robinson v. Tucker — RICO Class Action against Miami Tribe/Santee Sioux Payday Lending Business Partners Get the Case filed in Kansas City District Court Here: Robinson v. Tucker It’s available via Adobe Acrobat from our server at PaydayManual.com Jer – Trihouse 702-208-6736
Tribe Payday Loan Lenders: Listen Up
The payday loan industry has been partnering with tribes for a few years. Some of these “partnerships” do not pass muster. But, much like the gaming and energy industries have successfully entered into financially beneficial business enterprises with federally recognized tribes, so can payday loan lenders. Both the tribe and the lender must employ experienced [...]
