Outlook for Lending to the Masses is Extraordinary

Published: Fri, 06/03/22

,

I'm confident of one thing: Prices on everything are going up and will continue to climb until many people can't afford to pay their rent, drive to work, or feed their families without taking loans. As the money supply tightens from rising interest rates, those loans will be harder to come by.

The next thing that happens is that people will need to quickly burn through their cash savings, which will only buy a few months.

The future of "lending to the masses" is bright! CAC, underwriting, and collections are the keys to profitability.
Are you employing "best of class" tools & platforms? We've assembled a serious list of these resources here: https://theBusinessOflending.com/resources

I suggest you reach out to them ASAP to make the most of the extraordinary opportunities we are about to experience.

PS: I'll see many of you in Dallas at Infinity's "Leaders in Lending Conference" next week.