Tips for “hunting” down info on the Payday Loan Industry
As with most days, I like to spend a bit of dedicated time each day to look for useful and current information regarding the Payday Lending Industry, a task which sounds easier than it actually can be at times. I have found a surprising (and on some levels, not so surprising) lack of relevant and more importantly, CURRENT information about Payday Loans online. Of course if you do deep enough you can find some up-to-date info on a wide range of subjects related to the Payday Loan Industry. My tips would include the following…
-Find and Bookmark some “trusted” sites as you find them. Be sure to wipe them from your bookmarks if they become to outdated or biased. I am personally a big fan of the Payday Pundit and the PDL Industry News.
-Follow the “blue-underlined” road! One of the best ways to find relevant material is to ACTUALLY FOLLOW the hyperlinks you will find on almost any of the top Payday Loan Industry sites/blogs. Of course you’ll get a glimpse of the article and some commentary right then and there, but by actually reading the whole of the article quoted, you’ll find a wealth or relevant information.
-CHECK POSTING DATES!!! Seems like common sense, but it doesn’t always stand out. Before you know it, you’re 2 paragraphs deep on an article about “New Legislation in Arizona” only to find out it was posted in March of 2005 (I used the example of Arizona because it happened to me, and as I read in disbelief the information which was contrary to everything else I knew about the ACTUAL current situation in Arizona, I finally found the buried posting date!! Argh!!) and that all the information within is now out-dated and false! If you’re new to the industry a mistake like that could be VERY costly and time-consuming, which is why I always suggest consultation before jumping into the Payday Loan Industry with little or no experience. You’ll find it to be a very small investment into your business, and can save you big in the long run. But that’s for another Post…..
Although there is a sea of bad information out there, there is a wealth of current info as well, it just takes a little effort. In the long run, you’ll know where to go and that will save you time. But there is NO SUBSTITUTE for staying current in this industry, so get out there and start reading, clicking and leaving comments!!