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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The BIGGEST Challenge for Every PDL Operator is Customer Acquisition.

By | Jul 27, 2017

This just in from Miro: On the payday loan, title loan, installment and line-of-credit loan frontline; The BIGGEST challenge for every lender is Customer Acquisition.  This applies whether you’re online or storefront. We’re all fighting and clawing to get a new borrower.  More importantly, we’re working to find a GOOD, well paying new customer. You know […]

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Cordray & CFPB Ram New Arbitration Rule Down Our Necks!

By | Jul 10, 2017

Another play by Cordray and his future plan to run for governor. This rule will not stand! Bank, credit union and credit card companies will not allow the rogue CFPB and their appointed administrators ram this down our throats. It only benefits attorneys; not consumers. The Consumer Financial Protection Bureau (CFPB) issued its final rule […]

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Payday Loans vs Bank NSF and Overdraft Fees: Reported by CFPB

By | Jul 7, 2017

You think payday loan, installment loan and car title loan APR’s are high? You want to know why banks, credit unions and so-called consumer advocates hate small dollar lenders? Did you know the folks who initially funded the Center for Responsible Lending [CRL] launched a credit union – an entity treated as a non-profit? Follow […]

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