$550 Million Settlement with Santander Subprime Auto Loans: Arizona AG
I’ve been pounding the table lately regarding the need for ALL entrepreneurs in ALL industries to collaborate with competent experts who know how to legally prepare you for this litigious society we live in! Yes, I’m well aware of the propaganda! “There are more payday loan stores in the USA than there are McDonald’s.” B.S! […]
THE TRIBAL LENDING ENTERPRISE. ASSET PROTECTION-WHAT YOU NEED TO DO TO PROTECT YOURSELF
Recent cases show that anyone providing services to a TLE, or even to a service provider of a TLE, should be concerned about potential lawsuits. This includes owners and C‑level officers of lead providers, marketing companies, loan management system providers, payment processing companies, funding providers, consultants, etc. Given these large payouts, we anticipate that the class actions firms will only get more aggressive. They smell blood in the water.
I Have a Dream. It Has a Surprise Ending. I’m Out of Work
I have a dream! With a surprise ending! I’m out of work! I’m an optimist. Always have been. Present ANY scenario to me and I will ferret out the positives and solutions. [For perspective, know that I’m a consultant for “Loan Sharks;” the business of lending to the masses. In “polite society” and in the […]
Pray Tell, What’s a Non-Depository Financial Technology firm? New PPP for Lenders
“As a result of the changes, all PPP lenders approved by the SBA, including non-depository institution lenders, are now eligible to participate in the PPPLF. SBA-qualified PPP lenders include banks, credit unions, Community Development Financial Institutions, members of the Farm Credit System, small business lending companies licensed by the SBA, and some financial technology firms.”
Corona Stimulus: What Lenders Must Do Immediately to Help Their Customers & Themselves
The IRS Is Urging These 3 Groups to Register for a Stimulus Payment ASAP
Corona: States Where Consumers Need Small-Dollar Loans the Most
Based on Google Search Results, Which States Have the Greatest Need for Small-Dollar Loans. Personal loans, payday loans, installment loans, title loans, home equity loans… U.S. households are on the hunt for fast cash. “WalletHub compared the 50 states across four metrics. Google search trends were combined for related search terms.” Scroll over each state […]
Update: Lenders Payment Protection Program-PPP-FISCA & Mr. Woods Update
We do not have an official word on the PPP program for our industry, at this time. The most recent factual information we have is that our industry does not likely qualify because we are a financial service company. That information comes directly from the Senator’s office in Washington who is chair of the committee that authored the bill.
$2000 Turn-Key “Small-Dollar Loan Business in a Box” for Lenders & a Loan Strategy a la Chime Bank
A colossal quantity of intestinal fortitude and enormous liquidity is required for a balance sheet lender to fund small-dollar loans in this environment! Frankly, if you have been following my counsel, invested in our “How to Lend Money to the Masses Profitably Course,” scheduled and/or completed a consultation with me, you are already hunkered down, […]
Check Cashing Kiosks
I have kiosks machines that enable your store to begin cashing checks in 10 days.
That’s delivered, setup, licensed, banking… EVERYTHING! [Facial recognition, scanner, dispenses cash…]
These kiosks offer a multitude of other services as well!
VERY LIMITED NUMBER available for immediate delivery with more coming soon.
Texas is my ideal target for the few we have available. You can keep your location(s) open!