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, reporters, employees and peers, the name “Scott Tucker” is always part of the conversation.
Below, I give you your opportunity to hear directly from Scott. In his own words, you will gain insight into his side of his story.
No matter your preconceived thoughts about Scott Tucker and his payday loan business escapades, the interview below will most likely change your mind in some respects and inform you as to the lengths our government will go should they choose to make an example of you!
I too opened my first location in 1998. There were “rules” and “best practices” and yet it’s true that there was a bit of a “wild west” mindset in the early days of payday loan lending. The industry grew from virtually zero to billions of dollars in funded loans overnight!
Borrow $100 and two weeks later, payback $115. No big deal. Eventually, 12M – 14M+ customers used payday loans to solve their financial challenges. It was nothing for an entrepreneur to scrape together $20K – $50K, open a little payday loan store in a strip mall and start handing out money to people you had no clue if they would honor their agreement with you and pay you back.
IT WAS NUTS! Some of us made MILLIONS of DOLLARS doing this!
Others went broke! And a few went to jail!
Click the button below to visit the website & listen to Scott Tucker tell his story.
