While I agree with the poster above, let me answer your question. You'll need capital to start making loans. You can get this from friends and/or family. You'll need to apply to become an S%26amp;L with your state as well as file to incorporate.
After that, you'll need to set up shop by leasing some retail space, buying signs, creating a brand image, getting a business license, etc.
Yes i would like to know how i start a payday loan business? thanks?
Did you know that if you annualize the interest rate on a "Payday" loan...it comes to about 300%. Seriously.
Get an honest job. So you can sleep at night.
That is robbery.
lily
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