Loan Sharks Await: The Dangerous Illusion of Eliminating High-Interest Credit
The Inescapable Market for Credit It is an undeniable reality of economic life that credit, like all goods and services, emerges naturally in response to demand. Individuals will always seek loans because their financial choices are limited. These individuals borrow because they face circumstances where credit is the rational choice, given their alternatives. Many of […]
Don’t Miss Out on the $500 Billion Subprime Lending Market: Your Step-by-Step Guide to Success
By Jer: Get ready to dive into the ultimate step-by-step checklist that will unlock the secrets to launching your very own subprime loan business, both online and in-store! This isn’t just any guide—it’s a power-packed roadmap infused with state licensing, tribal model, storefront and internet lending insights and cutting-edge industry best practices, giving you the […]
Who Benefits When the Working Poor Stay Broke?
Despite a thriving economy in some sectors, millions of U.S. households – the working poor – struggle with unexpected financial emergencies. This issue isn’t just about income inequality or lack of financial literacy—it’s about the fundamental accessibility to quick, EZ cash. ~ 40% of Americans can’t get their hands on $400 to deal with an […]
Poker Cip Referral Program MVP
Poker Chip Referral Program Flowchart Poker Chip Referral Program Flowchart Assign Poker Chips to CSR Manager assigns chips; CRM logs CSR and chip numbers ↓ CSR Hands Off Poker Chip to Referrer CSR logs chip number in CRM and assigns it to referrer’s account ↓ Referrer Distributes Poker Chip Referrer gives chip to friend or […]
Debunking the Myths: How Tribal Lending Empowers Consumers and Tribes Alike
Why Outsourcing Isn’t Exploitation: The Strategic Partnerships Powering Tribal Lending The media’s portrayal of tribal lending is often biased. While recent articles, like this one by ProPublica, have highlighted concerns such as high-interest rates and consumer complaints, they do not fully acknowledge the positive economic impact that tribal lending can have on historically marginalized and […]
Subprime Lending: Your Biggest Challenge?
We know the small-dollar loan industry is filled with unique challenges and opportunities. As a valued member of our community, your insights are incredibly important to us. That’s why we’re reaching out to hear from you directly: What’s the biggest challenge you’re currently facing in your business? Whether it’s navigating regulatory changes, attracting new customers, […]
How Enova Just Scored a $500M Jackpot at 9.125%—And What It Means for You
Game Changer Alert! Feeling squeezed by the high cost of borrowing? Most lenders are bleeding 10-20% and tribal money? Often north of 20%! Now for the bombshell: ENOVA DROPS A $500 MILLION MIC! Chicago, Aug. 12, 2024 – *Enova International, Inc.* (NYSE: ENVA), the fintech powerhouse with a penchant for machine learning and top-tier analytics, […]
Subprime Lender Aquisitions: Looking for John Eames
4-WAYS I CAN HELP YOU! Grab a copy of our “bible:” Learn More Brainstorm: Learn More The Business of Lending: Learn More Free Bi-Monthly Newsletter: Learn More
Top 5 Risks and Opportunities for Subprime Lenders in 2024
Rising consumer credit levels and soaring interest rates Rising consumer credit levels and soaring interest rates have put subprime lenders at a critical crossroads. The latest 2024 Consumer Credit Trends report unveils significant shifts that could redefine the landscape of lending to financially challenged consumers. It’s crucial to understand how these changes impact your business […]