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Author Topic: Hello Everyone, new member here. Im interested in brokering...  (Read 1021 times)
weezer218
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« on: December 01, 2008, 10:32:03 PM »

Hello Everyone!  My name is John, I'm new to the payday loan forum and like much everyone else I'm trying to get a little more information.

Does anyone have any experience brokering for a Payday loan Company?  Im not interested in starting my own company but have been approached by a friend to broker for him, that is to connect the investor up with the actually owner of the Pay Day loan company.  Is this being done in this line of work? Has anyone had any experiences with this? Any information would be helpful.
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Mo Cheng
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« Reply #1 on: December 01, 2008, 11:21:04 PM »

talk to Dan at payday brokers. It sounds like you do exactly what he does - brokers existing payday lending institutions to investors...

http://www.paydaybrokers.com/
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Mo Cheng@Synaptic Database
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Mo Cheng
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« Reply #2 on: February 16, 2009, 08:12:19 PM »

Hey!

Just thought id catch up with you and see if Dan helped find what you were looking for over at payday brokers. Any luck?
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Mo Cheng@Synaptic Database
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daryy
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« Reply #3 on: February 17, 2009, 01:48:52 AM »

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Stella_Roberts
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« Reply #4 on: September 11, 2009, 03:00:56 AM »

Why would some go to a broker of Payday Loans when he can get the loan from the lender directly. As Payday Loans are expensive from other loans and so people usually restrict themselves from borrowing such a type of loan from brokers and it will become more costlier and also time consuming.

Direct lender payday loans have several benefits over standard or brokered payday loans. These include: reduced commissions and charges since the lending company doesn't have to pay fees or commissions to a broker or affiliate, streamlined application process since you are dealing with the lender straightaway, and improved regulations since direct payday loan lenders are independently accredited and regulated.

Well thats my opinion, I wish you all the best.
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