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.]
Demystifying a Buy Now Pay Later Startup: Ex-Enova Employee
Arad Levertov is the founder of Sunbit an Ex-Enova employee; a Buy Now Pay Later platform [BNPL}. He shares with my mentor how he did it! Today’s guest was new to the US but had a great job and was making good money. So imagine how surprised and embarrassed he was when he was turned down for a Costco credit card when shopping with his family.
Loan Tools You Need Today for Tomorrow. Lenders Beware: Biden + CFPB = More Heat!
By Jer Ayles: Face Facts, Small-Dollar Lenders! A Biden Presidency means certain “pain” for Lenders. Business to Consumer [B2C], Business to Business [B2B], MCA [Merchant Cash Advance], payday loans, installment loans, car title loans, line-of-credit loans, Fintech, wage advance… all will face increased scrutiny, compliance issues, and increased legal costs. Of course, CONSUMERS will be […]
Consumer Loan Executive “Savant” Available to a Few Select Clients
Do you need an executive with 15+ years of experience in “the business of lending to the masses?” And no, I’m not referring to me! I’m too busy + this would destroy my lifestyle! Here’s the deal: A “Savant” in our industry is accepting a few new clients. Short & sweet! Do you want an […]
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.”
Ex-Billionaire Scott Tucker Payday Loan Lender Finally Tells His Own Story
By: Jer Ayles. Consiglieri to entrepreneurs interested in “The Business of Lending to the Masses.” Scott Tucker has been portrayed by Netflix, American Greed, The WSJ, The NYT… and on and on as a pure, 100% scum bag payday loan lender and loan shark for years. When I speak to investors, Wall Street, Family Offices, […]