Inflation Insights: Strategic Moves for Subprime Lenders

Inflation Is Here to Stay: What This Means for Subprime Lenders  Today’s inflation report shows some hard truths: overall CPI is 2.4% year-over-year, while core inflation is 3.3%.  On the surface, this might sound manageable—near the Fed’s 2% target. However, inflation remains stubbornly high in critical categories like rent, food, transportation, and insurance—all essentials for […]

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 […]

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 […]

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, […]

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