Payday Loan Future Trends? A Look at Our Future!

By | Aug 25, 2011

'Arcattack Electrical performance' photo (c) 2010, Chris Willis - license: http://creativecommons.org/licenses/by/2.0/The future is HERE! Want proof? Read below. When the big boys get it, could it be too late for the rest of us?

Got an idea? A solution? Need funding? Connections? Got a bolt of lightning locked up in your jar and need some help unscrewing the lid?

Call Me! Email Jer!
702-208-6736 PDT

Want a glimpse into the future of the payday, car title, pawn,stored value cards, and peer-2-peer (P2P) industry?

Here it is, from a Dollar Financial Press release: Dollar Financial Corp Changes Name to DFC Global Corp.

BERWYN, Pa., Aug 24, 2011 (BUSINESS WIRE) —

Dollar Financial Corp. (NASDAQ: DLLR), a leading international diversified financial services company serving primarily unbanked and under-banked consumers for over 30 years, today announced that it has changed its legal name to DFC Global Corp. A new logo accompanies the change. The Company will continue to trade on the NASDAQ stock exchange under its current ticker symbol “DLLR”.

Commenting on the name change, Jeff Weiss, the Company’s Chairman and Chief Executive Officer, stated, “The new name reflects the transformation of our Company from its origin in 1979 in the United States to what is now a global enterprise, operating in seven countries across North America, the United Kingdom and Europe. We feel this broad geographic expansion combined with our expanded product portfolio, which now encompasses secured pawn lending, consumer lending, small business advances, debit cards, gold purchasing, money transfer, check cashing, foreign exchange and many others, necessitated a modification to our corporate identity to more accurately reflect our continuing global expansion strategy and our diversified operating platforms.”

Jeff Weiss, continued, “Our products and services are squarely focused on what we call the ALICE demographic (asset-limited, income-constrained, employed).  The numbers of ALICE people are increasing all around the globe driven by a significant on-going shift within many of the more developed economies of the world towards service sector employment and lower paying jobs, as manufacturing and some other higher paying occupations are off-shored to developing countries where labor is less expensive.

In order to meet this significant un-met global demand, we expect to continue to invest in new technologies and sales channel strategies through both internal development initiatives, as well as the acquisition of new businesses, which will allow us to deliver our many products and services through the most convenient means our consumers are accustomed to, and comfortable with, in each market.

This collectively may include a “bricks and mortar” store based model, a global internet platform, the in-home loan servicing model widely used throughout Poland and  Eastern Europe, and other new technologies and platforms that we are either in the process of developing internally or are considering acquiring. I would like to thank our more than 5,000 employees now spanning seven countries, who through their dedication and tireless work ethic, continue to transform our Company into the world-class
organization it is today, as we strive towards our vision to be the first choice for financial services to the unbanked and under-banked consumers around the globe.”

So… like I said, the future IS HERE! Got an idea? A solution?  Need funding? Connections? Have money to put to work?

Got a bolt of lightning locked up in  your jar and need some help unscrewing the lid?

Call Me! Email me!!
Jer
702-208-6736 PDT
Jer@PaydayLoanIndustryBlog.com

Read the entire Press Release here:
http://phoenix.corporate-ir.net/phoenix.zhtml?c=177357&p=irol-newsArticle&ID=1600140&highlight=
The Team at Trihouse Payday Loans
702-889-9555
email us: Jer@PaydayLoanIndustry.com
http://paydayloanindustry.com/cash-advance-store.html Knowledge Store

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5 Comments so far
  1. Hank August 25, 2011 4:50 am

    I appreciate the article. However this global market strategy. Will it work when the global economy (especially here in the USA) picks back up?

  2. Marlie September 14, 2011 3:34 am

    Superior thinking dmeostnrated above. Thanks!

  3. Britton September 14, 2011 11:49 pm

    Nice to see companies diversifying in light of the recent economic downturns.

  4. admin September 19, 2011 10:26 pm

    Diversify, embrace technology, partner with very smart people… or die :o)

  5. admin September 19, 2011 10:27 pm

    You obviously have a VERY BRIGHT FUTURE, MARLIE :o) And you recognize superior thinking :o)

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