How to Start a Payday Loan | Car Title Loan Business
lending $$$$ to the masses how to start or improve a consumer loan business Payday Loans Installment loans car title loans loan money to strangers without getting your butt handed to you Imagine 160 million USA households live paycheck to paycheck 40% of USA households earning more than $100K annually live paycheck to paycheck The […]
Capture More Borrowers: 20 Innovative Marketing Strategies for Subprime Personal and Car Title Loans
In today’s challenging economic climate, more consumers than ever face sudden financial emergencies. With bankruptcies on the rise and many households struggling to cover unexpected expenses, the demand for quick, accessible financial solutions has never been greater. As a subprime personal loan or car title loan provider, your services are not just valuable, they are […]
Shocking Rise in Delinquency Rates: Why Car Title Loans Are the Ultimate Solution!
The New York Fed’s Quarterly Report on Household Debt and Credit for Q1 2024 uncovers a significant trend: credit card and auto loan delinquencies are on the rise across all age groups, signaling a growing financial distress among households. Total household debt increased by $184 billion (1.1%), reaching $17.69 trillion, with mortgage balances up by […]
How to Start a Car Title Loan Business
Introduction Starting a car title loan business can be a great way to make money and be of service. By ensuring you have everything in place and are prepared for the challenges of owning such a small business, you’ll be able to get off on the right foot and make sure your new venture succeeds! […]
How to Start-Improve a Consumer Loan Company? Installment, Payday, Car Title
The demand is huge! Billions lent every month at sky-high interest rates. The profits are there to be had. No single incumbent has more than 6% of the market today. And yet Enova and Curo just reported they each lent out nearly $400,000,000 to consumers in the last 3 months at 200%+ interest rates!
The Lenders Who Print Money: How Niche Loans Are the Next Gold Rush
Find Your Niche: How True Link is Revolutionizing Lending – And Why You Should Too! The smartest lenders aren’t chasing the masses—they’re finding underserved niches and dominating them. Case in point? True Link, a financial services company that recognized an untapped market: aging adults, their caregivers, and individuals with financial vulnerabilities. Instead of competing in […]
California Payday Loan Laws and Regulations
Get our free industry Newsletter Imagine this: legally charging fees that translate to over 400% APR on short-term loans. In California, this isn’t just possible—it’s the reality for payday loans under the Deferred Deposit Transaction Law (DDTL). For subprime lenders like you, this is a golden window of opportunity, with state laws allowing maximum fees of 15% […]
What Should a Subprime Lender Do to Prepare for the Small Dollar Loan Rule (SDLR)?
Imagine a regulatory storm that could shutter one in three subprime lenders by 2026 unless they act decisively before March 30, 2025. The CFPB’s Small Dollar Lending Rule isn’t merely a compliance checkbox; it’s a seismic shift in how America’s $50B high-risk credit market operates. For lenders who survive this upheaval, there’s profit. For those who […]
Why Every Subprime Lender Needs a Loan Shark in Their Marketing Tank
Learn More: LocalListingSuccess@gmail.com Loan Shark Larry Copywriting Dynamo with a Fin for Financial Persuasion ObjectiveTo navigate the murky waters of consumer finance and surface as the ultimate financial copywriting predator. About MeWith a nose for storytelling sharper than a shark’s tooth, I thrive on crafting compelling narratives that bridge the gap between lenders and borrowers. […]