Payday Lenders

[retrocowboy]

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Hi Guys,

Anyone know of a payday lender (not broker, agency etc) who is looking to expand by using creative emails because we have around 1000 email addresses available for that type of business.

Not MEM and they're big enough ;-)

Retro


***** I meant 1000 email addresses per day not total!!!!!******

[amunbhardwaj]

hi i do know of someone would it be possible to contact me on this email address amun_bhardwaj@hotmail.co.uk
getmetopayday

[Blizzard]

Hi retrocowboy. Blizzard Interactive has exclusive realtionship with PoundsTillpayday.co.uk. I'd love to discuss the opportunity to do business together. Please check out the link below for more information.

Affiliate Program - Pounds Till Payday

Also for all those affiliates who can generate UK Payday Leads. My current pay out per accepted lead (CPA) £11.50...

We provide affilaites login to real time stats
We are not as big as MEM so our accept rate is great

[123debtsolutions]

We are working with MEM and Blizzard and there acceptance rates are not as good as they would lead you to believe.

We have 2 new merchants launching shortly and both are newer/smaller companies emerging in this market.

We anticipate a much higher acceptance across the board when these new merchants are incorporated into our ping tree. (Within a week to two.)

We are currently paying £8.50 per accepted lead. Acceptance/Decline is almost immediate.

[Blizzard]

Oh.. right, those emerging lenders with little experience who will show up in the market but only to lose out in the end... Yep. Go with those guys and see where you end up with... From my experience, they will accept your leads and run..

PounsTillPayday.co.uk, has been around for almost two years, not as long as MEM, which means that our data base isn't as large as MEM. Accept rate varies on different sources. If you are an affiliate buying leads from sources I'm already working with, than chances are, your accept rate won't be as good, because your leads are not as unique.

However for those affiliates who are successful and actually generate their own leads without relying on other affiliates, than you will find your accept rate in the top group. The accept rate ranges from 10% - 45%.

The problem with accept rate in today's market is affilaites really need to step outside the box and generate leads without leaning on another affilaite or aggregator.

If you are a successful affiliate, who generates their leads using organic and natural methods, than you will be happy with PTP affilaite programme!

[RobOxeva]

I have to say, in all honesty, that Blizzards accept rate was very very poor from our previous experience. Worst of all is the complete lack of decline information, valid, applications would be declined, yet duplicates and 'Mickey Mouse' applications were accepted. Very poor indeed. Mark is a good guy, but I feel he's restricted to how much information he can offer.

We supply very large volumes at the moment, and I'm VERY happy with our accept rate - so there isn't a need to go back to Blizzard. I can decline applicants without logical justification myself.

Also, the insistence to receive confidential and controversial fields (such as national insurance number) - really makes me question how well they know the UK market.

Rob | OXEVA

[Blizzard]

That is quite interesting that affiliates would try and submit Mickey Mouse leads to try and mess with the system. Those are the types of affiliates we try and not work with. They expect the lenders to disclose all propriety information on how the algorithm system is designed, before any business or relationship has even started.

I'm sorry to hear that you had such bad experience with Blizzard, but from what I understand, Blizzard didn’t see any volume from OXEVA, who claims they are a large provider and who also required pre-payment, which Blizzard obliged in.

FYI - Mark is no longer employed with Blizzard.

I wish you all the best Rob and much success in the internet space.

[Brad123]

Lee I've sent you 3 emails the past week, any chance of a reply in my lifetime, be quicker sending you a letter via snail mail.

[RobOxeva]

The reason your acceptance ratios were put to the test was pretty straight forward.

Using UK based credit evaluation systems - your accepted leads were measured against your rejections - the applicants you accepted were no different from those that you rejected. You weren't supplied with any further information with which you could make an intelligent decision. In fact, after many hours and some indepth record investigations - we proved beyond any doubt whatsoever, that your 'algorithm' was little more than guesswork backed with some very simple data entry qualification.

Hiding behind your decision making system caused you huge problems, as your staff seemed to not understand how they even work. Your expectation for hard working affiliates to send over valuable leads in the 'vague hope' that they are accepted simply isn't acceptable for any quality lead generator. It may work for web regurgitators - but not those that generate a measurable cost per lead to generate.

Your systems in place to prevent potential fraud by blocking multi-entries doesn't work either - as on a few occasions you accepted the same person twice - something your staff claimed was impossible. In short, your systems are about 1-2 years behind the competition, your decision making is indeed short of logical.

OXEVA gave Blizzard every possible opportunity to develop a close working relationship, and for OXEVA to increase the lead flow from 'trickle' up to 3000/week. However, with all the above problems, a decision was made that it was more efficient to deal with the UK based lenders (they pay circa £15/lead btw).

I'd like things to have worked out, but, until things change with your systems - I'll be staying away and advising the other affiliates to do the same

Sorry

Rob | OXEVA

That is quite interesting that affiliates would try and submit Mickey Mouse leads to try and mess with the system. Those are the types of affiliates we try and not work with. They expect the lenders to disclose all propriety information on how the algorithm system is designed, before any business or relationship has even started.

I'm sorry to hear that you had such bad experience with Blizzard, but from what I understand, Blizzard didn’t see any volume from OXEVA, who claims they are a large provider and who also required pre-payment, which Blizzard obliged in.

FYI - Mark is no longer employed with Blizzard.

I wish you all the best Rob and much success in the internet space.

[ceejay2005]

Be careful if you need to apply for an online payday lender. Each state has different laws and regulations, and I'm not familiar with the all the rules and regulations.

[CrazyBird]

Yo Retro you old tart. Hold onto those leads, have a fabulous product for pay day declines launching in 2 weeks.

We will be paying out for every call that we get, regardless if they are accepted or not. You should make more money than if you put them through to a lender.

Tests have been really, really good.

Watch this space for more news in next 2 weeks

Luv ya!

Crazybird