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, […]

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 […]

Unlock the Secrets to a 6-Figure Income: Start Your Own Online Subprime Loan Business Today!

How to Loan Money to Strangers Introduction Embark on a transformative journey with our comprehensive eBook, “The Ultimate Guide to Launching an Online Subprime Loan Business.” Unlike a restrictive and costly franchise model, our guide empowers you with unparalleled knowledge, flexibility, and resources to create a thriving subprime loan business. Our eBook is the superior […]

Insider Secrets: 70 KPIs Top Subprime Lenders Use to Dominate the Market!

As a highly regarded consultant in the B2C subprime lending industry, I understand the importance of tracking various key performance indicators (KPIs) to maximize loan portfolio performance, minimize subprime borrower defaults, and earn a maximum return on investment (ROI) on balance sheet capital. Below is a comprehensive list of 70 critical KPIs for subprime lenders: […]

A Story About Jake, the Debt Collector

Here’s a story about a debt collector named Jake: Once upon a time, there was a debt collector named Jake. He had been working in the collections industry for many years. He had seen it all – from borrowers who genuinely wanted to pay their debts but were facing financial hardships to those who simply […]

Trends: Lending to the Masses Opportunity

Trend: Consolidation/Acquisition/Rollup Efficiency Opportunities Lenders must grow their loan portfolio Inflation is reducing discretionary income for our demographic Loan DEMAND is up and will scale into 2023+ Loan ORIGINATION volumes are suffering.  Loan APPROVAL rates are decreasing.  Loan applicant “QUALITY” is deteriorating. Near prime devolving to subprime and “reacts” are the primary source for loan originations 2023 […]

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