QUESTION: Name 3 things you need to make bank on payday loans.
The combination of a shaky job market and large payouts on payday loan offers is making some affiliates rich.
I saw this story on the CBS Evening News last night. I don’t think the shadiness will surprise any affiliates, but I thought it was interesting nevertheless.
This article was published back in Feb of this year and goes into a bit more detail.
Tribes doing business with online lenders made about $420 million in payday loans last year, or about 12,500 loans a month, he estimates.
Will these kind of business practices raise the ire of the FTC and trigger another round of smackdowns aimed at internet marketers?
Are we going to see a bunch of indian tribes with tables at the next ASW looking for JV partners?
Is someone going to start Shady Buffalo Hosting Company so we can all host our flogs on sovereign tribal land?