CFPB Capitulates: PDL Rules Unwinding

CFPB Capitulates: PDL Rules Unwinding - Smiley Face

Published: Wed, 01/17/18

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More great news for the small dollar loan industry!

The CFPB bureau said in a statement Tuesday that "it plans to take a second look at the payday lending rules. While the bureau did not submit a proposal to repeal the rules outright, the statement opens the door for the bureau to start the process of revising or even repealing the regulations. The bureau also said it would grant waivers to companies as the first sets of regulations going into effect later this year."

, you notice almost every single publicly traded payday loan stock is up today?
CACC
WRLD
GDOT
FCFS
EZPW
ENVA
SYE
CASH
SPLP
RCII
ELVT
MDLY
BSMX
LC
and more...

Here's a link to the CFPB Good News Story:
http://www.star-telegram.com/news/business/article194950939.html

PS: Need a bank account or credit card processing?
Go here and get the details: https://trihouse.wufoo.com/forms/msb-bank-accts-processing/

Grab your ammo and load your guns! Things in the "business of lending money to the masses" continues too look VERY positive.

I wonder how the Team over at Salt Lending - the group I wrote about earlier - who lends money to borrowers who put up their bitcoin as collateral are doing in the current crypto bloodbath? Probably freaked like "the 99%."

Well, I gotta go! Back to Coin Market Cap to do some more gambling; I MEAN INVESTING.

Comments? Suggestions? Jer at TrihouseConsulting@gmail.com