Consumers WIN BIG! CFPB payday loan rule shut down!! And DEALS/OPPORTUNITIES are immense today.
Frankly, there has never been a better time to be “lending money to the masses.”
- Demand for credit by borrowers is huge.
- Stats are all over the map – depending on the source – but something like 60% of US households do not have access to $1000 cash in an emergency.
- The big sub-prime lending season is almost upon us.
- Jobs and ability to pay us back are through the roof.
- Consumer optimism is sky high.
- Washington D.C is not likely to devise too many roadblocks that could stifle all this enthusiasm.
THE BIG NEWS TODAY?
U.S. District Judge Lee Yeakel reversed a previous order and grantedContinue Reading..