Profits: 2023 Demand for Car Title, Installment & PDLs
A new CFPB study revealed, “Between our 2021 and 2022 surveys, use of payday loans, installment loans, and car title loans increased dramatically nationwide! Demand for car title loans, in particular, rose nearly 3%.” The financial stability of Black and Hispanic consumers, renters, and under-40s suffered dramatically between 2021 and 2022, said the CFPB. The […]
How to Start a Loan Business
Are you frustrated investing hour after after hour searching Google for answers for starting a consumer loan business? Have you wanted to start a consumer loan business but don’t know where to start? Car title loans, installment loans, payday loans… 6 ways we can help you What if you could start a consumer loan business […]
Extreme Consumer Loan Business Profits?
Cash advance and payday loan businesses can offer superior returns for an entrepreneur focused on lending money to the masses. Sure! We charge what are perceived to be high-interest rates because our customer acquisition costs and our default rates can be SCARY. What to do? You simply build these metrics into your business plan. You […]
How to Start a Loan Business Course
Here it is! Our newly updated 500+ page Manual. We thoroughly explain step-by-step how to start & operate a profitable consumer loan business. Start a Consumer Loan Business WARNING: The Manual you are about to invest in will dramatically enable you to prosper in “The Business of Lending to the Masses” and greatly reduce your […]
How to Start a Consumer Loan Business: $297.00
Here it is! Our newly updated 500+ page Manual. We thoroughly explain step-by-step how to start & operate a profitable consumer loan business. The Course: “How To Start/Improve a Consumer Loan Business.” Our 500+ Page Manual: $297.00 Topics covered: How to launch a consumer lending business Installment Loans Payday Loans Small Dollar Loans Car Title […]
A 36% APR on a 2-week loan = customers pay $1.38 per $100 borrowed.
Learn how to start a consumer loan business! Your inventory is MONEY! What could be better? Zip! Perspective FALLACY #1: Payday lenders, car title lenders, installment lenders, and all small-dollar loan lenders can earn a profit under a state-imposed 36% annual percentage rate cap. FALLACY #2: Small-dollar loan customers should simply go to a bank […]
How-to: Installment Loans for the Subprime Demographic
Many of the national Lenders have been transitioning to a multitude of financial loan products in an effort to continue to serve subprime borrowers while still achieving superior ROI. Witness Avant, CURO… You only need to refer to Avant’s latest Q4 earnings call to comprehend the extent of this transition away from single-payment products. Avant’s progeny is CASHNETUSA.com back in the late 90’s. At the time they offered singularly payday loans having 400% – 700% APR payday loans. As per their Q4 earnings call. these single payment [payday loan] products made up a mere 2% of loan originations. Obviously, they see the writing on the wall.
Valuations: Consumer Loan Companies
How to value consumer loan companies. For Buyers, Sellers Startups, VCs…
How to Loan Money to the Masses Profitably
Let’s get real! Lending money to the masses can be very profitable!
We are rapidly becoming a nation of “haves” and “have not’s.” The average U.S. worker is paid $23/hour. In real terms, $23/hour has the same purchasing power as $6/hour 40 years ago. The result? Staggering household debt! [Yes, I know! Many of you are reading this Course as you sit in Australia, Europe, the Islands, China… It’s the same theme everywhere. The business of lending money.]