Category Archives: Payday Loans

Payday Loan Collections

Got too many online payday loans defaulting? Need help collecting on your online payday loans Continue reading

Bank Accounts for MSB’s, PDL, Check Cashers: “Bank Discontinuance Solved.”

A seriously experienced provider [20+ years in the industry] for MSB bank accounts, money transmitters, check cashers, ACH services, Pin Debit & EBT, ATM services… reached out to me today for introductions to our industry. If you’ve ever received a 30 day “Bank Discontinuance Notice” from your bank you’ll recall that sick feeling in your gut! And […] Continue reading

CFPB Employee Files Whistle Blower Charges: Payday Lender Ace Cash Express $10M Fine Bogus

A former CFPB examiner filed whistle blower charges against her employer, the CFPB, claiming she was terminated for refusing to falsify ACE Cash Express documents that resulted in a $10,000,000 fine levied against Ace! The CFPB continues to be revealed as a reprehensible, rogue government organization whose management enabled their personal prejudices to attempt to […] Continue reading

CFPB Elephant Dies-The PDL Industry is Dancing in the Streets WITH Their Customers

By Jer– New Sheriff at CFPB: The PDL Industry is Dancing in the Streets WITH their Customers! As pointed out on several industry media sources, “There is a new sheriff in town at the CFPB!”  Euphoria is overtaking the private, Tribe and publicly owned payday loan, small dollar loan, unsecured loan, car title lending… industry. It’s […] Continue reading

CFPB-Unsecured Loan Industry to Prosper Uner New CFPB Head

CFPB This originally appeared on Mortgage News Daily-by BY: ROB CHRISMAN  here: Here’s something to think about. Continue reading

CFPB-Unsecured Loan Industry to Prosper Under New CFPB Head

CFPB This originally appeared on Mortgage News Daily-by BY: ROB CHRISMAN  here: Here’s something to think about. If the CFPB “dials things back,” wouldn’t the states step in and increase their consumer-focused regulatory levels? Continue reading

State of Oklahoma & 4 Tribe Lenders vs CFPB

The CFPB is attempting to usurp States’ Rights again! Yes, unelected bureauocrats attempting to make further inroads to payday loan lending and tribal sovereignty. We’ve written about tribe lenders several times ever since the Wall Street Journal published their front page piece that quoted a founder, Jerry Ayles. Continue reading

TLE: Tribe Lending Enterprise – Term Sheets, Tribe Resolution, Pro Forma, Marketer/Servicer Agrrement

Tribe Sovereign Nation Documentation, Term Sheets & More Do you need documents to form a tribe installment. payday. line-of-credit or car title loan company Continue reading

The BIGGEST Challenge for Every PDL Operator is Customer Acquisition.

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. Continue reading

Cordray & CFPB Ram New Arbitration Rule Down Our Necks!

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. Continue reading