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/biz/ - Business & Finance


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3480613 No.3480613 [Reply] [Original]

How to get into finance and short-term moneylending? I have a few ideas of how to make payday loans more lucrative without charging the clients more or squeezing them harder but I've never been a moneylender or a debt collector before. My father did debt collections and worked at payday loan companies for 10 years though, and told me a little about how such businesses function. I was wondering if anyone can fill me in more about short-term moneylending and financing in general.

Usury general I guess.

>> No.3480658

>>3480613
Payday loan people should be executed publicly

>> No.3480676

>>3480658
How about you don't be a dumb nigger and take out more loans than you plan to pay back on time. That's literally like getting angry at wine salesmen because your father is an alcoholic

>> No.3481069

>>3480676
The difference is that alcoholism isn't essential to putting food on the table you insufferable faggot. Although I agree in principle

>> No.3481114

>>3481069
>taking loans is essential to put food on the table

top kek, you're a nigger

>> No.3481219

>>3481069
I don't understand. Are you unable to control yourself? Nobody's going to put a gun to your head and tell you to take out a loan. If you're so bad with money that you put yourself out of meals then you can't really be trusted to take care of yourself. You should seek an adult or the state to take custody of yourself and your affairs until you can live without ruining yourself.

>> No.3481658

bump

>> No.3481740

>>3480676
this