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| Upcoming EVENTS |
| Copyright 2007-2012 @ Payday and Check Cashing Business Owners Association. All rights reserved. |
| 25.6% of ALL US households are Underbanked. FDIC National Survey |
| INDUSTRY |
| March 7-9 Paradise Island, Bahamas |
| THE UNDISPUTED LEADER IN FINANCIAL SERVICES SOFTWARE PayDay, Installment & Title Loans Online Lending - Custom Design - Hosting ACH - Collections - Biometrics Services |
| MicroBilt offers the most completeand predictive bank financial data delivered in real time. Predictive Bank Performance Data for Short-term Lending. |
| Leverage the power of Superior Consumer Credit Information: Credit Reporting, Debit Reporting, Identity Authentication, Bank Account Verification, Predictive Analytics and more. |
Web Based Tax Prep in your stores.
No Out of Pocket Expenses!
• No Experience Necessary
• No Additional Payroll
• No Startup Costs
• No License Required!
• No Additional Real Estate
• No Lease/Location Expense
No Out of Pocket Expenses!
• No Experience Necessary
• No Additional Payroll
• No Startup Costs
• No License Required!
• No Additional Real Estate
• No Lease/Location Expense
Keep your FULL check cashing fee
when you enroll your customers for
direct deposit;
when you enroll your customers for
direct deposit;
- Social Security / SSI and other
Federal Benefits
Tax Refunds
State Unemployment
Payroll
| The history of the ColorTyme rent-to-own businesss rooted in the desire to help people afford the things they need and want in life. Add a ColorTyme Franchise to your operation. |
Do Tax Prep in your offices this year!
We make it easier for your business to
grow, while making sure your customers
get the best customer service. Our easy
and effective tax preparation products
and services ensure you'll increase your
productivity and efficiency, bettering
your bottom line.
We make it easier for your business to
grow, while making sure your customers
get the best customer service. Our easy
and effective tax preparation products
and services ensure you'll increase your
productivity and efficiency, bettering
your bottom line.
Payday Business Owners Association
Underbanked Financial Services
Underbanked Financial Services
This website is for PAYDAY LOAN, CHECK CASHING & Community Financial Services BUSINESS OWNERS NEWS, INFORMATION, INNOVATION, REVENUE SOURCES, IDEAS, TIPS, BUSINESS OPPORTUNITY and PRODUCTS & SERVICES to GROW YOUR BUSINESS |
| ClearPoint Analytics delivers sustainable improvements in portfolio performance for providers of financial products and services to underbanked consumers. |
KPMG Study: "Underserved" Market Represents
Growth for Banks
Read more....
In the United States, there is a growing trend to provide
a broad range of financial services (e.g. check
cashing, remittance, bill payment, prepaid cards, etc.),
in mainstream retail. Walmart® has led this trend and
has achieved great success with its "Money Centers".
This year, Walmart expects to cash $40 billion in
checks.
CFSI Announces Results from the inaugural
"Underbanked Industry Scan" Read more....
Study: For some a prepaid card can be better deal than
a checking account Read more....
More than 66% of Americans making less than
$30,000/year are unbanked. 24% of Americans have
all of their earnings spoken for each month and only
35% of Americans have sufficient savings to handle
an unplanned $1,000 expense
"Given the comfort and attachment that people feel
with their mobile phones, and considering that many
financially underserved consumers are uncomfortable
with banks, mobile devices hold considerable promise
to provide broad access to financial services" Read
more....
How can America better serve the millions of citizens
outside the financial mainstream? Read more....
The Federal Reserve Bank has issued a report by a
senior economist supporting some of the payday loan
industry's long-standing contentions that short-term,
high-interest loans bring benefits to low-income
populations. Read more....
MORE
Growth for Banks
Read more....
In the United States, there is a growing trend to provide
a broad range of financial services (e.g. check
cashing, remittance, bill payment, prepaid cards, etc.),
in mainstream retail. Walmart® has led this trend and
has achieved great success with its "Money Centers".
This year, Walmart expects to cash $40 billion in
checks.
CFSI Announces Results from the inaugural
"Underbanked Industry Scan" Read more....
Study: For some a prepaid card can be better deal than
a checking account Read more....
More than 66% of Americans making less than
$30,000/year are unbanked. 24% of Americans have
all of their earnings spoken for each month and only
35% of Americans have sufficient savings to handle
an unplanned $1,000 expense
"Given the comfort and attachment that people feel
with their mobile phones, and considering that many
financially underserved consumers are uncomfortable
with banks, mobile devices hold considerable promise
to provide broad access to financial services" Read
more....
How can America better serve the millions of citizens
outside the financial mainstream? Read more....
The Federal Reserve Bank has issued a report by a
senior economist supporting some of the payday loan
industry's long-standing contentions that short-term,
high-interest loans bring benefits to low-income
populations. Read more....
MORE
| March 12-14, 2012 Las Vegas |
Epic Loan Systems, The most powerful
Loan Management System in the World,
delivers best-in-class performance to
online lenders. Epic’s powerful tools assist
in reducing acquisition costs, achieving
higher retention & collection rates & better
managing business challenges unique to
online lending.
Loan Management System in the World,
delivers best-in-class performance to
online lenders. Epic’s powerful tools assist
in reducing acquisition costs, achieving
higher retention & collection rates & better
managing business challenges unique to
online lending.
| READY TO ENTER THE UK PAYDAY MARKET? We specialize in the UK payday-lending sector. We provide full services, starting from company formation right up to guiding your issue of the first loan. With us your business can be up and running professionally in 15 weeks.. |
A strong payday software solution is one
of the first things you’ll need to start or
expand your PAYDAY lending business.
It gets you up and running in order to
begin collecting, storing, modifying and
retrieving the day-to-day transactions
that are critical to success.
of the first things you’ll need to start or
expand your PAYDAY lending business.
It gets you up and running in order to
begin collecting, storing, modifying and
retrieving the day-to-day transactions
that are critical to success.
| April 25 - 27, 2010 Washington, D.C. |
| 2012 Spring Summit |
| Read the January 9th, 2012 NEWSLETTER |
Underbanked Financial Services Specialists
Dreher Tomkies Scheiderer LLP is a law
firm located in Columbus, Ohio providing
services to financial institutions nationwide.
We concentrate in the areas of banking and
financial services law. The Firm’s practice
encompasses all aspects of financial
services provided by creditors to consumers
and business entities.
Dreher Tomkies Scheiderer LLP is a law
firm located in Columbus, Ohio providing
services to financial institutions nationwide.
We concentrate in the areas of banking and
financial services law. The Firm’s practice
encompasses all aspects of financial
services provided by creditors to consumers
and business entities.
| United Debt Holdings specializes in purchasing payday loans. UDH pays cash up-front for the loans that you and/or your collection agency could not collect. UDH usually purchases 4 years worth of bad loans and we also buy loans "going forward" on a monthly basis (Forward Flow). |
| Payday Loan Debt Buyer |
| Resolve to grow your business in 2012. Stay informed, upgrade your operational tools, add profitable products & services, outsource, upgrade collection tools, sell your old debt, upgrade your web presence, market. Use the right tools to take your business to the next level! |
| Buyers, Sellers, Investors |
| What Can The Consumer Finance Protection Bureau Do To Regulate Payday Lenders? "The CFPB, by law, cannot cap interest rates on Payday Loans" Under this new program, non-banks like payday lenders, as well as private mortgage companies and private education lenders, will be regulated and subject to federal oversight to ensure they play by the rules and don’t take advantage of consumers. CFPB will be able to establish regulations that require payday lenders to disclose borrowers’ obligations and responsibilities in clear, easy to understand terms, so that people know what they are agreeing to when taking out a payday loan. |
| Click below to receive our twice monthly NEWSLETTERS |
CFPB Director Cordray Defines Payday Lending at Field Hearing in Alabama January 19, 2012 Cordray indicated that examiners will begin to visit banks and payday lenders soon. He also pledged immediate steps to eliminate...(payday practices) that present immediate risk to consumers and are clearly illegal." Two examples of illegal acts that Cordray mentioned were unauthorized debits from an individual’s checking account and aggressive debt collection tactics like threatening borrowers with criminal prosecution or trying to garnish wages improperly. View the “Short-Term, Small-Dollar Lending Procedures” (field guide for CFPB examiners) http://www.consumerfinance.gov/wp- content/uploads/2012/01/Short-Term-Small-Dollar- Lending-Examination-Manual.pdf |