The payday loan industry announced their next convention will be held in Orlando, Florida.
CFSA – The Community Financial Services Association will hold it’s annual convention March 4-7 at the Omni Orlando resort at Champions Gate, Orlando, Florida.
We have attended past CFSA events and certainly came away better informed and more aware of the many business solutions available to the industry, the regulatory environment, media coverage, and strategies for running our payday loan businesses.
We recommend anyone having an interest in the industry attend. One caveat though! If you’re an Internet guy keep your mouth shut. A couple years back, Jer was called an “Internet bandit” and would certainly be seeing the inside of a prison cell soon. The CFSA guys had no clue! Now the Internet payday loan operators are eating the lunch of the “brick-n-mortar” guys and they want to learn how to embrace the Internet!
Oh, one last thing: The first reader of this Blog to spot Jer at the convention wins $50.00 Just look for the most dashing, slightly older, silver haired, mustachioed, blue-eyed guy in the room!
[…] Kentucky payday loan industry represented by FISCA and CFSA have been silent on the new […]
http://www.nytimes.com/2009/01/20/business/economy/20builders.html
Home builders, who have good credit and have never missed a single interest payment on their loans, are also reeling in shock, today. Banks are turning down their projects, demanding more security and higher collaterals.
There more bad news. Up till now only the nation’s large home builders had been bearing the brunt but now even the small and medium-size builders are buckling under financial pressure. These small builders build 70% of homes in the US – today, as per rough estimates more than 20,000 builders have already closed their shop in the past 2 years.
Do banks really need to get this tough? To protect their interests, do they have to even take away the ‘bread and butter’ of so many home builders and the people they employ? What will home builders do now? Will things change for them in the near future?
I know that guy Jer. He’s not that old!!