Comments on: Profiting from Payday Loans in 2009 http://pennysleuth.com/profiting-from-payday-loans-in-2009/ Penny stocks, small-cap stocks, pink sheet stocks and OTCBB coverage by unbiased and independent analysts. Fri, 20 Nov 2009 16:12:50 -0600 http://wordpress.org/?v=2.8.4 hourly 1 By: John Schuler http://pennysleuth.com/profiting-from-payday-loans-in-2009/comment-page-1/#comment-12528 John Schuler Fri, 23 Jan 2009 20:14:26 +0000 http://www.pennysleuth.com/?p=2268#comment-12528 If you are a Penny Stock Fortunes reader, you can review the monthly issues and current portfolio by logging into the website below: http://www.agorafinancialpublications.com/THE_PUBS/PSF/index.html If you are not a member, and you would like to subscribe, you can do so by visiting the Penny Stock Fortunes website above. If you are a Penny Stock Fortunes reader, you can review the monthly issues and current portfolio by logging into the website below:

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]]> By: David http://pennysleuth.com/profiting-from-payday-loans-in-2009/comment-page-1/#comment-12398 David Fri, 23 Jan 2009 00:06:57 +0000 http://www.pennysleuth.com/?p=2268#comment-12398 I am with you Greg... I must not be reading this right either.. hmmmm?? Thanks David I am with you Greg…
I must not be reading this right either..
hmmmm??

Thanks
David

]]> By: Lani http://pennysleuth.com/profiting-from-payday-loans-in-2009/comment-page-1/#comment-12155 Lani Wed, 21 Jan 2009 20:53:52 +0000 http://www.pennysleuth.com/?p=2268#comment-12155 It has been proclaimed that individuals are more likely to fear or hate the things which they do not understand. Payday loans are still considered a fairly new product so people have to seek to educate themselves on the industry and associated products. In addition, most of people's initial understanding are based solely on how the media perceives them and what they learn from media reports. Currently, the payday loan industry is highly regulated and the trade associations as well as their associated leaders make tremendous efforts to tackle and concerns and accommodate non-supporters. Short-term lenders are often criticized for their fees when they are required by law to present them as an Annual Percentage Rate, no matter the length or term of the loan being extended. In the meantime, banks are earning billions of dollars through automated NSF programs and customers are unaware that they can opt out of such programs. According to an FDIC study, over 75% of the banks in the sample automatically enrolled customers in automated overdraft programs (2001) and almost all of the banks (94.7%) treated linked-account programs as an opt-in programs, requiring the customers request to have accounts linked in order to avoid overdrafts. http://www.fdic.gov/bank/analytical/overdraft/FDIC138_ExecutiveSummary.pdf It has been proclaimed that individuals are more likely to fear or hate the things which they do not understand. Payday loans are still considered a fairly new product so people have to seek to educate themselves on the industry and associated products. In addition, most of people’s initial understanding are based solely on how the media perceives them and what they learn from media reports. Currently, the payday loan industry is highly regulated and the trade associations as well as their associated leaders make tremendous efforts to tackle and concerns and accommodate non-supporters. Short-term lenders are often criticized for their fees when they are required by law to present them as an Annual Percentage Rate, no matter the length or term of the loan being extended. In the meantime, banks are earning billions of dollars through automated NSF programs and customers are unaware that they can opt out of such programs. According to an FDIC study, over 75% of the banks in the sample automatically enrolled customers in automated overdraft programs (2001) and almost all of the banks (94.7%) treated linked-account programs as an opt-in programs, requiring the customers request to have accounts linked in order to avoid overdrafts. http://www.fdic.gov/bank/analy.....ummary.pdf

]]> By: Payday Loans http://pennysleuth.com/profiting-from-payday-loans-in-2009/comment-page-1/#comment-12109 Payday Loans Wed, 21 Jan 2009 17:49:46 +0000 http://www.pennysleuth.com/?p=2268#comment-12109 The payday loan industry will definitely be booming this year. I wonder how people will be able to pay their loans back. The payday lenders will have to keep a close eye on their first time loan default rates or it could ruin them. Keep a watchful eye everyone! The payday loan industry will definitely be booming this year. I wonder how people will be able to pay their loans back. The payday lenders will have to keep a close eye on their first time loan default rates or it could ruin them. Keep a watchful eye everyone!

]]> By: Greg http://pennysleuth.com/profiting-from-payday-loans-in-2009/comment-page-1/#comment-11777 Greg Tue, 20 Jan 2009 22:33:41 +0000 http://www.pennysleuth.com/?p=2268#comment-11777 I may not be reading the information correctly or perhaps not clicking on the correct links. Signing up for Penny Fortunes and subsequently Penny Slueth, my understaning was I would receive investment recommendations in the lower cap market together with associated reasoning and analysis. I can't seem to find the recommendations. Can you help or is my understanding wrong? Regards Greg I may not be reading the information correctly or perhaps not clicking on the correct links. Signing up for Penny Fortunes and subsequently Penny Slueth, my understaning was I would receive investment recommendations in the lower cap market together with associated reasoning and analysis.
I can’t seem to find the recommendations. Can you help or is my understanding wrong?
Regards
Greg

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