2024-How to Start a Payday, Car Title, Installment Loan Business

Published: Sun, 12/31/23

How to Start a Consumer Loan Business in 2024

THE COMPREHENSIVE GUIDE TO STARTING A CONSUMER LOAN BUSINESS

An Introduction to the Payday Loan, Car Title Loan, and Installment Loan Industry.

The consumer loan industry presents a unique blend of financial services, offering quick, short-term loans for the Masses.

With a market size of ~$15 billion, it’s a sector filled with potential for growth and profitability.

~160 Million Americans live paycheck-to-paycheck. ~40% of households warning $100K+ live paycheck-to-paycheck.

What's this mean for us? OPPORTUNITY!

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Launch Yours in 2024!

As an entrepreneur entering the payday lending, car title loan, or installment loan industry, it's crucial to access insights and strategies beyond the foundational aspects.

Here are additional action items and strategies to consider. We consider startup costs, profitability, biz plans & more.

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