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Online Pay Day Lending
Storefront Pay Day Lending
Installment Lending
Credit Unions
Other Non-Traditional Consumer
Lending Markets
$58.5 billion in new loan principal in 2006 (Storefront and Online)
$5.85 billion in new Online loan principal in 2006 (10% of market)
Online market is estimated to grow at 50% annually or more (1)
(1) Source: Dennis Telzrow, CFA, Managing
Director, Stephens Inc. – Research Bulletin,
August 16, 2006
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