ACH Processor Intercept vs CFPB
Published: Tue, 06/07/16
I'll make this short and sweet. Intercept EFT, a long-time ACH processor for our industry has been indicted by the CFPB.Here's a link to the Complaint…
Trihouse Consulting: The Biz of Lending
"How to Lend Money to the Masses Profitably." News, Strategies & Tactics for Payday, car title, Installment and FinTech lenders.
CFPB 1334 Page PDL, Title and Installment Doc for Comments
Published: Fri, 06/03/16
Apparently several folks missed the link to the actual 1334 page CFPB Rulemaking & Comment document I sent out yesterday. If that includes you, here…
Link to Embargoed CFPB Rules, Live Feed from Kansas City and the Future of the PDL Industry
Published: Wed, 06/01/16
OK, tomorrow Thursday morning at 8A.M. PDT is the BIG day for the payday loan, installment loan and title loan industry. The ne t shoe is about to…
CFPB Meeting Announced; Important
Published: Thu, 05/19/16
It's likely a monumental announcement that will impact our industry will be made at a CFPB meeting scheduled for June 2nd at 10 A.M.From the CFPB…
Big Brother Shafts PDL Space and Lending Club Impact
Published: Wed, 05/11/16
Google update and Lending Club implodes.This means total upheaval in our industry.From Google Financial Services Policy Today:"To enforce the policy,…
Department of Justice Attacks Tribe Model
Published: Fri, 04/22/16
Do you care about the latest attack by the U.S. Department of Justice attack on the tribe payday loan lending model? If YES, read on... Otherwise…
Continuing Sad Saga of T3
Published: Thu, 04/21/16
Grab a cup and digest the continued sad story surrounding the founders of T3 Leads.CFPB Takes Action Against Co-Founders of Online Lead Aggregator…
Why We Teach How to Make Money by Lending Money
Published: Wed, 04/06/16
You still interested in learning how to make money by lending money in the small dollar credit space? If so, read on. If not, click here to…
Another Great Bill Introduced for PDL Industry: H.R. 4737
Published: Wed, 03/16/16
Payday Loan Fan,More good news for our industry!Law360, New York (March 15, 2016, 9:07 PMET) -- Rep. Mick Mulvaney, R-S.C., introduced a bill on…
Enjoy the Show: CFPB Under Attack & Consumer Starts Biz via PDL
Published: Tue, 03/15/16
Make some time available and watch this Youtube Video. There is particularly emotional testimony at 4:16:00 when a payday loan consumer, Mr. Sherill,…