CORONA: The State of the PDL, Small-Dollar, Installment Loan Industry & CURO PR.
Key Themes:
Survival: Hoard cash. “Keep your powder dry,” as they say. STOP LENDING!
Focus on getting your money!
MOIP: “Money Over the Internet Protocol.” Prepare/embrace the phone!
Digitize your lending operation.
Look around you! 70% of your competition will be gone!
The business of lending to the masses has radically changed! The “good old days” are NOT returning.
One thing will not change; DEMAND by consumers for cash!