Pandemics, Riots: Lending to the Masses & Baby Boomer Sellers
Payday loans, pawn shop loans, car title loans, installment loans, line-of-credit loans, wage advances, loans on smartphones, car title loans… basically the same business. Some loans are collateralized and some are not.
YOUR’E LENDING MONEY TO THE MASSES.
The masses ALWAYS need money. [Read “The Ascent of Money” and “Debt: The First 5000 Years.”
The Chinese virus/pandemic, protests, looting… will subside. These events have ACCELERATED the move to the digital money movement.
Change is MOST CERTAINLY here! Job environments are changing. Work from home will increase. It’s a digital world.
There will NOT be another lockdown! 40 million jobs cannot be allowed to happen again!!
Our recovery will be V-SHAPED. The Federal Reserve is flooding our economy. $3Trillion in stimulus and 75%+ has not even “hit the streets” yet!
Texas CAB/CSO
Texas Consumer Loans In the old n’ days lenders funding payday loans in states not having specific payday loan “safe-harbor” legislation, [lenders like Curo, Enova, Elevate], would partner with a state-chartered FDIC-insured bank (Bank of Delaware is one example) in order to charge payday loan borrowers more than the maximum state usury rates allowed. This […]
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.”
Lending to the Masses Through the Roof! Enova, Curo, Elevate, Lendup… $300M Quarters
By Jer Ayles CURO reports $300M+ quarter. Enova reports a $300M+ quarter. Lendup reports $2B. On and on and on! Demand by consumers in all economic brackets through the roof unabated! I could name dozens of additional lenders struggling to meet demand. In January 2019, Dave.com had 1,000,000 subscribers paying a $1/month subscriber fee JUST […]
Who We Serve
The Problem? You’re considering starting a B2C consumer loan business. You don’t know where to start. You’ve spent hours and hours “Googling” a multitude of search terms such as: Payday loan profits How to start a consumer loan company Opening a car title loan business How to start a payday loan internet business Business plan […]
How to Lend Money to the Masses-Success
Thanks again for your order! Check your Inbox for a link to our PDF: How to Loan Money to the Masses Profitably.” Allow 1 – 12 hours PDT.ANY issues? Email jer@thebusinessoflending.com We will follow up within 48-72 hours with the 2nd link to Sharefile. This link will provide you with access to all your State/Province […]
Buy The Course
Course 1: How To Start a Consumer Loan Business Our 500+ Page Manual Topics covered:Profits: Consumers pay $10 – $35 per $100 Borrowed How to launch a consumer lending businessPayday LoansSmall Dollar LoansInstallment LoansCar Title LoansPersonal LoansSignature LoansNon-Secured Personal LoansStoreFront LendingInternet lendingLicensing? State/ProvinceWhat loan management software to use?Capital required?Profitability?Collections? How to Collect Your $$Borrower Underwriting? […]
Course #1: How to Lend Money to the Masses
Complete Table of Contents “The bible: How to Lend Money to the Masses PROFITABLY!” [500+ pages] Your First Steps: 17 Macro View of the Consumer Loan Industry. 19 State of the Consumer Lending Industry. 23 Hang-In There! The Future is Ours!. 30 Flash – It’s a Whole New Business. 33 The Future of the Consumer […]