With every great success, there will always be haters and
critics. Rod Aycox is the CEO of Select Management Resources which is the
parent company to LoanMax, Midwest Title Loans, North American and many other
title loan stores across the country! Since 1990, Rod has taken a lot of
backlash from critics regarding his businesses throughout his career. However,
I have done much research on my own and found that he has actually done a lot
of good deeds for people across the country!
Rod Aycox’s
business only deals with title loans, which are very different from pay-day
loans. Critics often times like to confuse the two. A title loan is a type of
secured loan where the borrower can use their vehicle title as a collateral.
This allows the borrower to receive quick cash while still optioning their
vehicle. This has helped many Americans due to the fact that most are not able
to get a loan through traditional lending options due to poor credit. Rod believes
that just because you have bad credit, doesn’t make you a bad risk! All you
have to provide in order to receive a loan is a clear title to your vehicle and
copy of your ID.
Title
loans also have a bad reputation due to high interest rates. However, when used
correctly they can be a great asset to society. Title loans are built for long-term
use in case that is what the consumer needs BUT they are meant to be utilized
for only a short time. Rod has said before that he doesn’t deal with
impoverished America, he deals with hard-working Americans who are in desperate
need for cash and he provides that for them.
Rod Aycox
doesn’t just help out his fellow customers across the country. He has provided
well-paying jobs and medical benefits to over 700 employees and their family
nationwide. He believes in giving back to each community that he serves. Rod
Aycox has been known to donate over 5 million dollars to different charities
and organizations around the world.
Whether
you are for Aycox or against him, from what I gather he has ultimately done a
lot to make a difference throughout the country. Rod Aycox success has hit over
twenty states nationwide in the last 25 years in the money lending industry. I
commend Mr. Aycox for all the hard work he has not only put into his business
but each community. I say, forget the haters and keep on doing you, Rod!
