Bank Accounts for MSB’s, PDL, Check Cashers: “Bank Discontinuance Solved.”

By | Dec 20, 2017

A seriously experienced provider [20+ years in the industry] for MSB bank accounts, money transmitters, check cashers, ACH services, Pin Debit & EBT, ATM services… reached out to me today for introductions to our industry. If you’ve ever received a 30 day “Bank Discontinuance Notice” from your bank you’ll recall that sick feeling in your gut! And […]

Share

CFPB Employee Files Whistle Blower Charges: Payday Lender Ace Cash Express $10M Fine Bogus

By | Dec 14, 2017

A former CFPB examiner filed whistle blower charges against her employer, the CFPB, claiming she was terminated for refusing to falsify ACE Cash Express documents that resulted in a $10,000,000 fine levied against Ace! The CFPB continues to be revealed as a reprehensible, rogue government organization whose management enabled their personal prejudices to attempt to […]

Share

Payday Loan Borrowers: “Those People.”

By | Dec 11, 2017

By: Jer Ayles. Banks do not want payday loan consumers as customers. It’s true that a bank’s cost of capital is low, but they do not service sub-$3000 signature loans efficiently enough to make serious profits. Frankly, they do not want to be bothered. Bankers are too busy funding Bitcoin ETF’s and ICO’s, even if […]

Share

CFPB Elephant Dies-The PDL Industry is Dancing in the Streets WITH Their Customers

By | Nov 30, 2017

By Jer– New Sheriff at CFPB: The PDL Industry is Dancing in the Streets WITH their Customers! As pointed out on several industry media sources, “There is a new sheriff in town at the CFPB!”  Euphoria is overtaking the private, Tribe and publicly owned payday loan, small dollar loan, unsecured loan, car title lending… industry. It’s […]

Share

CFPB-Unsecured Loan Industry to Prosper Under New CFPB Head

By | Nov 21, 2017

CFPB This originally appeared on Mortgage News Daily-by BY: ROB CHRISMAN  here: Here’s something to think about. If the CFPB “dials things back,” wouldn’t the states step in and increase their consumer-focused regulatory levels? Multi-state lenders certainly wouldn’t like that. Since the state regulators have been in regular communication with the CFPB and knowledgeable as to the Bureau’s […]

Share

« Previous PageNext Page »

© 2009-2019... Consultants for Lenders, - Payday Loan Biz Resources & Courses How to Start Title Loan Business Website Legal Terms Disclosure
Share
Share