Debt Stats:* American’s borrowing $13.29 Trillion, up $454 Billion for last year; 16 consecutive Quarter of increases Consumer Debt $618 billion higher than previous peak of 12.68 trillion in 3rd Q 08
September 11, 2018 Background: Hallinan was a former investment banker. Hallinan was head of payday lending from 1997 from 2013. Hallinan owned, operated and financed companies that issues small-amount, fixed-fee loans and collected debts in excess of $690 million Dubbed “the Godfather of payday lending” by the media. His entire business model was built on […]
