Leadpile’s Blog

Matt Burns of Business First of Columbus had a very nice article today on the situation with the Ohio Payday Ballot.

According to Burns,, Ohio officials have finally finalized the ballot language for the Payday Issue.

The Ballot will read:  “Shall Section 3 of H.B. 545 be approved?” A “yes” vote keeps intact the provision of the law, which caps annual interest rates on payday loans at 28 percent, down from 391 percent, while limiting the maximum loan amount to $500, from $800.

A “no” vote, according to the language, sets the maximum loan amount back to $800 and allows payday lenders to levy a total charge on a loan that “substantially exceeds” 28 percent.  According to Burns, the 391 percent annual percentage rate calculation doesn’t appear on the ballot.

It looks like a Payday Group called Ohioans for Financial Freedom have worked to collect signatures to make sure the repeal makes it on the ballot. They called the language “fair and balanced.” According to Burns, Ohioans for Financial Freedom has until the end of the month to collect and submit more than 241,000 valid signatures to ensure a spot on the ballot.

Stay Tuned my friends. Ohio is in the middle of it.

One of the main issues when it comes to affiliates, lead generation and traffic is the fraud. The better you become in tracking your leads, affiliates and methods they use to generate leads, the better your program will work. 

Leadpile’s Lead Exchange  has been working into improving the MicroClick Form (previously known as the I-SaveNow Form) application process, storing as much data as possible, so that we identify the source and also the validity of the lead. 

Some lead verticals are easier to fake than others, and the more fields, checks and restrictions for the data, the better is to control what goes through the Exchange. 

Paid Search (Adwords or Yahoo Search Marketing) are facing 20% or more fraud. The Lead Exchanges are not an exception, but the percentage is way lower. 

A click is very easy to fake and it can happen way faster and with a lot more volume than within the lead process. Also, each lead can be refunded in case of invalidity, where the traffic takes more time and sometimes is going untracked. Thinking that in certain industries we are seeing bids that are ranging between $6.00 to $50.00 per click, that can be a substantial loss for the advertisers. 

Let’s take a look at the following Click Fraud Index:

Leadpile has been producing it’s own leads in addition to the leads generated by its own publishers (partners) and that helped the Lead Exchange (Marketplace) becoming one of the top Lead-Gen companies out there. We actually are getting the hit from the PPC and take away the burden of this cost from our Lead Buyer (Advertisers). One of the most successful campaigns are still from PPC, where our Buyers are enjoying top lead quality. Of course, that comes for a price, but our service is going to make up for it, no matter how big or small your company is. 

Our team is geared up everyday to provide the top notch customer experience you (as a Lead Buyer/Advertiser) deserve! No matter what your challenge is, let us know so we can work better for you!