Loan Management Fees Got You in a FUNK?
Should you stay or should you go? Hey there Lender, Hope you’re doing great and drowning in a sea of loan requests! We want to chat with you about something that’s been blowing up our phones lately – those pesky Loan Management Software [LMS] vendors and their outrageous fees! Seems like every Tom, Dick, and […]
The Debt Collector’s Secret Weapon: The Robotic Persona
AI Powered Debt Collection Once upon a time, there was a debt collector named John. John had made a name for himself in the industry by offering loans to people with bad credit, but he secretly feared that he wasn’t cut out for the job. Every time John tried to call a borrower to ask […]
High Salaries, Low Savings: The Shocking Truth About Americans’ Paycheck-to-Paycheck Living.
A Lending Club Study reveals: 28%: Share of consumers earning more than $200,000 who live paycheck to paycheck 59%: Share of paycheck-to-paycheck consumers with issues paying their monthly bills that noted significant rises in prices for utilities in the past 12 months 48%: Share of consumers living paycheck to paycheck with issues paying bills who […]
Loan Shark Larry Resume
Greetings, financial world! I’m the copywriting “shark” you’ve been waiting for. My writing is as sharp as my teeth and as sleek as my fins. I am the predator of financial copywriting, and I take no prisoners. Name: Loan Shark Larry Objective: To sink my teeth into a career as a financial copywriting shark. Education: […]
Entrepreneurs: Little-Known, Insider Benefits of Starting a Consumer Loan Business
There are several types of consumer loan products available for subprime borrowers, who typically have lower credit scores and may struggle to secure loans from traditional banks and financial institutions. Some of the most common types of consumer loan products for the subprime market include: Payday Loans: Payday loans are short-term, high-interest loans that are […]
Insider Difference Between Payday Loans & Installment Loans
Think of a payday loan like borrowing a little bit of money from a friend to buy a toy and then giving the friend all the money back the next time you get paid. An installment loan is like borrowing a bigger amount of money from a bank to buy a bicycle and then paying […]
Why Audacious John Chose a Payday Loan vs. a Bank “Loan”
Once upon a time, a consumer named John found himself in a difficult situation. He had written a check for $100 to pay for an unexpected expense but soon realized that the check would bounce because he didn’t have enough money in his account to cover it. He knew that if the check bounced, he […]
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 […]
Fast Cash for Your Emergencies: Payday Loans
10 Reasons Consumers Living Paycheck to Paycheck Need Access to small Dollar Loans To cover unexpected expenses, such as car repairs or medical bills, that cannot wait until the next paycheck. To avoid late fees or overdraft charges on bills that cannot be paid on time due to a lack of funds. To prevent the […]