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  • rogi_ca

    How to start a check-cashing services business?

    I would like to start a check-cashing services business but I am not familiar with basic business operations as cheque cashing, payday loans, bill payment, money orders, and money transfers.


    Basically learn as much as. Ask owner of a check cashing company how did they get started and get as much information as possible. Check out some check cashing franchise's.

  • Natalie

    What types of institutional investors would be interested in a unique investment that defies categorization?

    I recently became a sales rep for this company make touchscreen kiosks with alternative financial services for the unbanked (check cashing, payday loan, money transfer, electronic bill payment) and are partnered with major advertisers (Walmart,...


    , are governed by Government regulations. Hence, the regulated funds will not able able to take up the type of investment mentioned in the question. Funds, such as, Mutual Funds, Pension Funds, etc.

  • Brit

    Can a Payday Loan/Cash Advance company report you to the credit bureau if you dont repay?

    2nd question. can I get this taken off my credit report. I have a Payday Loan/Cash Advance that I didn't pay back now its on my credit report.


    They extended you credit and you didn't repay them according to the contract (it's like 5 or 6 pages that you have to sign to take out these loans, lots of small print that informs you they can report you if you do not pay). Of course they can.

Sen. Davis calls for ceremonial's resignation following payday len - Dallas News ... - FOX 4 News

Constitution Senator Wendy Davis, likely the Democratic selectee for governor, has called for the head of the Texas Finance Commission to release, or for Gov. Davis' action follows comments that Cash America Shortcoming President William White made to a reporter following the December meet of the Finance Commission in Austin. Source: www.myfoxdfw.com

Latest News

  • CFPB Sues Online Payday Lender for Cash-Grab Scam; The Hydra Group Uses ...

    09/17/14 ,via HNN Huntingtonnews.net

    Bi-weekly cash-grab: The Bureau alleges that the Hydra Group puts money into consumers' accounts without authorization. After depositing the payday loan , typically $200 or $300, it then withdraws a $60 to $90 “finance charge” from the account every two 

  • Federal action against payday loans picks up

    09/07/14 ,via DesMoinesRegister.com

    Following a review of debt collection practices at ACE Cash Express, a payday loan company, the bureau announced a July 10 enforcement action requiring the company to pay $5 million in refunds and a $5 million penalty. Between 2011 and 2012 ACE 

  • CFPB Targets Payday Lender's 'Cash-Grab Scam'

    09/17/14 ,via Credit.com News (blog)

    The Hydra Group was also sued by the FTC. Over one 11-month period between 2012 and 2013, the defendants issued $28 million in payday “loans” to consumers, and, in return, extracted more than $46.5 million from their bank accounts, the FTC alleged.

Books

  • Quick Cash

    Sphinx Pub. 2004. ISBN: 1572483857,9781572483859. 256 pages.

    An expert puts his proven techniques into one convenient manual that provides strategies for boosting your cash flow.

  • Cramdown

    Silver Lake. 2009. ISBN: 1563439042,9781563439049. 248 pages.

    "Cramdown" explains how to renegotiate debts and lower payments on everything. It also offers an appendix containing sample letters, required forms, and other important information about becoming thrifty.

  • Ebony

    2005. 244 pages.

    EBONY is the flagship magazine of Johnson Publishing. Founded in 1945 by John H. Johnson, it still maintains the highest global circulation of any African American-focused magazine.