Tag Archives: total-cache

Payday Loan Borrowers: “Those People.”

By: Jer Ayles. Banks do not want payday loan consumers as customers 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

MLA Military Lending Act and Payday-Car Title Loans

By: Jer Ayles–PaydayLoanIndustryBlog.com The MLA Military Lending Act, outlaws implementation of ARB arbitration agreements for consumer credit contracts entered into by active-duty servicemembers and their dependents.  Lenders are denied by the MLA from including arbitration agreements in contracts for small dollar loans, payday loan, title loans…  extended to active-duty service members and their dependents where […] 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

Prestamos: Payday Loans & Serving the Latino Market-No One Does It Well

Necesito Dinero Rapido? Deed Money Fast? Prestamo = Loan = Prestamos [Excuse my lack of correct Spanish punctuation! It’s my keyboard AND my Spanish.] What’s my point Continue reading

Operation Choke Point: Court Orders FDIC to Turn Over Docs to Payday Loan Industry Assoc.

FDIC Ordered to Turn Over Documents in Operation Choke Point Lawsuit to PDL Industry Assoc. ‘Time for DOJ and FDIC officials to get a lawyer!’ The Federal Deposit Insurance Corporation (FDIC) was ordered to turn over documents related to Operation Choke Point late last week. District Court Judge Gladys Kessler told the government agency it […] 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