If You Could Ask One Payday Loan Question

By | Jul 19, 2011

I’m about to meet with a VERY successful payday loan operator on his private yacht. This is your  chance to be there! What is your NUMBER ONE QUESTION of him? Make it a good one! Store front or Internet questions are welcome. I’ll share his answer next time… Jer@PaydayLoanIndustryBlog.com The Team at Trihouse Payday Loans […]

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The Future of the Payday Loan Industry Revisited Again – An Expert Opinion

By | Jul 28, 2010

In summary, I do not believe that the people who will lead the BCFP and who will execute the BCFP’s rulemaking process will regulate the payday loan industry out of business on the basis of prejudice, malice or politics, or that they will promulgate regulations in anything other than a near-plodding, diligent and fair way. I do not believe that a payday loan is “deceptive” or “unfair” within the common legal meanings for those terms, and I do not believe a payday loan can be shown to be “abusive” without the BCFP’s impermissible intrusion into interest-rate matters denied to it under the statute.

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