Sporting Chance UK CEO Says Footballers Gambling with Payday Loans

She had fallen into the world of online lead generation. ETaxLoan had said it was a secure site, but now, many different companies had my application — and, presumably, my personal information. November 6, 3: The gain in online bingo and no deposit casino codes is steadily increasing. The article also speaks about Malta's past attitude, which was a leader in the regulatory jurisdiction for online gambling. It was a guy from Tremont Lending, in South Dakota.

Vicious Circle

Athletes Are Bettors

By this point, I was wholly confused. ETaxLoan had said it was a secure site, but now, many different companies had my application — and, presumably, my personal information. It turns out there's a huge online bidding process for such loans. ETaxLoan isn't a lender at all, but something called a lead generator. It finds potential customers, then passes them on. When I tried to contact eTaxLoan to learn more, I might as well have been looking for the holy grail.

The company's customer service line connected to a recording that said "due to an overwhelming response to great loans," it could not take calls. The site lists an address in Delaware — but the company isn't at that address. I spent days trying to find the company's physical location, without success.

But eventually, I did find someone willing to talk about the business. Murray says his company — not unlike eTaxLoan — is really a marketing firm. But instead of matching travelers with hotels, Murray matches those who need cash — and can't get it elsewhere — with those willing to lend. Murray draws a big distinction between his company and others in the business. He says he's completely aboveboard and works only with partners he trusts.

Murray says neither he nor his lenders resells personal data, like the kind I submitted. But he says that others do, and that's likely what happened in my case. It doesn't take long online to discover there's a whole network of people trying to buy and sell payday loan leads.

None of this surprises Benjamin Lawsky, the superintendent of financial services for New York state and one of many regulators trying to clamp down on payday lending. Accessibility links Skip to main content Keyboard shortcuts for audio player. Here's What Happened Next: Yet the government was their plan to establish a framework of 12, 5 to 40 percent.

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