Payday Loan Industry Watch Home News and RSS Newsfeeds Podcasts: Archive Podcasts: Recent Podcasts: Archive Reviews Tips Links
About Us
Contact Us
Donate/Sponsor
Site Help
Find a Lender
Header

Interview with David Farias - Founder, FYGO.com

January 15, 2007  -  

Link to iTunes.Link to Hubdog for PocketPCLink to Podcast XML Feed.

Listen Now

Use the player's controls below to start, pause, or stop the audio. (If the audio won't play, please see the Site Help page.)

Podcast Details

Payday lending industry opponents continually encourage people to use forms of credit that aren't payday loans. Credit unions, banks, and even low-APR credit cards are commonly mentioned.

Enter a newly emerging source for loans: Internet-enabled peer-to-peer social lending networks, which are designed to let people to lend person-to-person (or group-to-person), thereby skipping traditional lenders completely. Microloans are being used successfully in the Third World to build infrastructure and personal capital--why not in the U.S., why not through the Internet, and why not instead of payday loans? Should the payday loan industry be looking over its collective shoulder at this potential new competitor?

To learn more about peer-to-peer lending, how it works, what it does well, where it has rough edges, and how it can potentially be an alternative to payday loans we spoke with David Farias, the founder of a lending network, FYGO.com.

About David Farias, Founder, FYGO.com - David has an MBA and BS in Finance from Arizona State University. He held key positions at Phelps Dodge Corporation as Director of E-Business and Business Solutions and as Director of Marketing and Customer Service, leading service efforts in North America for over two billion dollars in sales.

About FYGO.com - FYGO is a personal collaborative network that lets people create social networks, borrow money, and lend money with no credit check. See FYGO.com in a new window.

Interviews, Sponsorships, and Help

Sponsor a Podcast

Interested in helping sponsor PLIWatch.org through a podcast and reaching listeners interested in the payday loan industry? Please contact Robert to learn more.

Interviews

Are you associated with the payday loan industry? Would you like to be interviewed by phone in one of our future podcasts? Please contact William to learn more.

Podcast Playback Help

The podcast associated with this page will start playing automatically when you enter the page. Use the POD icon to subscribe to this podcast's XML feed. If something isn't working like you'd expect, please see the Site Help page.

Return

See recent podcasts. | See archived podcasts.
Go to PLIWatch.org home.

E-mail This Page Open a new window and send this page to a friend.
Share this page by E-mail.
Contact Us Contact Us page.
Use the contact us page to send E-mail or call us at 314.255.2242.
Podcasts Podcasts page.
Interview with David Farias - Founder, FYGO.com
Payday loan opponents caution people against taking payday loans. We interviewed David to better understand the practice and viability of an emerging source for loans: The Internet social lending network.

Interview with Pete Kowenhoven - Special Agent, FBI
Interview with Dr. Tom Lehman - Author of 'In Defense of Payday Lending'
Interview with Bill McCloskey - Email Data Source President and CEO
Find a Lender Find a Lender page.
Claims to lend
To residents of
With fees per $100 loaned
On the Web since
reviewed by PLIWatch
small payday loan industry watch logo
Recent Archive
Home News & RSS Podcasts Reviews Tips Links Find a Lender About Us Contact Us Donate / Sponsor Site Help
Terms of Use Privacy Policy Site Map copyright © 2005-2022 pliwatch.org all rights reserved Updated: Nov 22, 2022 07:59 EST