The Businesss of Lending to the Masses from the Perspective of ENOVA: Publicly Traded Sent Tuesday
Lenders want to know what the heck is going on! So many unknowns. Government subsidies, the election, Chinese virus, “essential business” definition, consumer demand for loans… Maybe you have a few buddies in our industry you can call. Perhaps you’ve joined a “virtual convention” & listened to the pundits and the academics. Now & then you might happen upon a balance sheet lender whose “in the weeds,” gotten their boots muddy, and actually bought leads and funded some loans.
Luckily for me, and for you, I’m privy to a lot of these conversations, deal-making, tribal developments, Fintech Founders reaching out to me for advice & counsel, investors in pursuit of information & guidance, vendors offering industry insight…
The RingMaster: Off Topic But if You’re Scrambling to find a Movie…
Just finished the “The Ring Master” movie! Finally released!
How can you resist a movie about:
The best onion rings on the planet
The rock group Kiss,
Chuck Brennan, the founder of Bad Lands Pawn, Gold & Jewelry, and https://DontBeBroke.com [a major player in “the business of lending to the masses]
A movie producer went awry
Mental health
Addiction
The tragedy of Alzheimer’s disease in middle America?
AND, sales of “The Ring Master” contribute to Alzheimer’s Research!!
YOU CAN’T! Click the image below or visit the “The Ring Master” website.
Get it. Available everywhere. Try these onion rings? Watch the ending at TheRingMaster.com
Consumer Loan Executive “Savant” Available to a Few Select Clients
Do you need an executive with 15+ years of experience in “the business of lending to the masses?” And no, I’m not referring to me! I’m too busy + this would destroy my lifestyle! Here’s the deal: A “Savant” in our industry is accepting a few new clients. Short & sweet! Do you want an […]
Consumer Wages & Employment Real-Time: a State-of-the-Art Platform
Instant Bank Verification on Steroids! Announcing a state-of-the-art service for sophisticated small-dollar loan balance sheet lenders! The simplest way to access, verify & update your loan applicants, & existing borrowers employment status up to the hour.; real-time! Better than IBV! We integrate DIRECTLY with employers! Major, significant employers! 22,000+ employers!! Want to know how many […]
Opportunities in the Business of Lending to the Masses
2024: State of the Consumer Loan Industry By Jer Ayles: Trihouse Consulting. Payday loans, installment loans, title loans, line-of-credit loans… We ALL know the business of lending to the masses is in tremendous turmoil. I’m not going to waste your time reviewing the “WHY’s.” Instead, know this. There is a ton of offshore & domestic money […]
Dinosaurs, CFPB, Parasites, Lobbyists and the Payday Loan Ability to Pay Rule
To be clear, I’m not saying demand for payday loan styled small-dollar, accelerated, hassle-free, quick, and easy loans are in decline. At least not in the long-term. With the FED’s “printing presses” spitting out cash to anyone who can breathe many brick-n-mortar loan stores are not exactly carrying tons of cash to their bank from new loan originations. But long term? The business of lending to the masses? The future is OURS!
PS: Details? Reach out to Jer TrihouseConsulting@gmail.com
CFPB: Big Win for Consumers & Lenders – Mandatory Underwriting Provisions Rescinded!
The Consumer Financial Protection Bureau [CFPB] today issued a final rule concerning small-dollar lending in order to maintain consumer access to credit and competition in the marketplace. The final rule rescinds the mandatory underwriting provisions of the 2017 rule after re-evaluating the legal and evidentiary bases for these provisions and finding them to be insufficient.
Single Director Structure of Dodd-Frank Act Held to be Unconstitutional
FISCA MEMBER ALERT [If you are not a member, join here: FISCA GREAT NEWS for Our Industry! U.S. SUPREME COURT RELEASES RULING IN SEILA LAW, LLC VS. CFPB Single Director Structure of Dodd-Frank Act Held to be Unconstitutional Today the U.S. Supreme Court announced its decision in Seila Law, LLC vs. CFPB, a case in which a […]
Pandemics, Riots: Lending to the Masses & Baby Boomer Sellers
Payday loans, pawn shop loans, car title loans, installment loans, line-of-credit loans, wage advances, loans on smartphones, car title loans… basically the same business. Some loans are collateralized and some are not.
YOUR’E LENDING MONEY TO THE MASSES.
The masses ALWAYS need money. [Read “The Ascent of Money” and “Debt: The First 5000 Years.”
The Chinese virus/pandemic, protests, looting… will subside. These events have ACCELERATED the move to the digital money movement.
Change is MOST CERTAINLY here! Job environments are changing. Work from home will increase. It’s a digital world.
There will NOT be another lockdown! 40 million jobs cannot be allowed to happen again!!
Our recovery will be V-SHAPED. The Federal Reserve is flooding our economy. $3Trillion in stimulus and 75%+ has not even “hit the streets” yet!