8 pts or 12 pts? But Wait, Funding Fee. - Page 2
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  1. #26
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    Quote Originally Posted by Chambo View Post
    pout, argue, spew nonsense all you want. It'll come down to Fiduciary Responsibility very soon.

    Who cares what a merchant signs? You should know, as the professional, that a 3 month 1.45 5th position is nothing but toxic. you will have until 2018, when Dems take over congress after this Trump debacle.
    Yes. In a space that doesn't even bother to come together on suitability standards or training or any barrier to entry, eventually the ERISA fiduciary rules will bleed over. And since the Dems are running the country despite being out of power, it is coming soon.

  2. #27
    Karen37a
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    Like I said, that argument has been used over and over....and always loses. You have 15-16 months to correct the path. After that, there's an incredibly good chance Elizabeth Warren is coming to lock you up
    Lock who up? People, who do 3 , 4th 5th positions?

    I do not care ...I pull my clients into the 1st position and I do not stack them after that. I renew and do add ons.


    Have a great weekend!

  3. #28
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    Quote Originally Posted by Karen37a View Post
    I pull my clients into the 1st position and I do not stack them after that. I renew and do add ons!
    Collusion.

  4. #29
    Karen37a
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    Quote Originally Posted by WestCoastFunding View Post
    Collusion.
    Pouting flipping hair in a manly way

    Whats it like to be a 3rd grader and use a new word over and over and over.




    We will covfefe and win bigly because its a disaster. Just gram um by the P ****!!

    Have fun..
    Last edited by Karen37a; 08-04-2017 at 05:44 PM.

  5. #30
    Member Reputation points: 1135 Cambridge's Avatar
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    Quote Originally Posted by AdvanceFund View Post
    As a broker/ISO would you rather get paid 8 points commission on a 6th position deal that the funder is charging 5% fee OR would you rather 12% commission if the funder is charging 10% fee.
    Is there a deal here? This sounds like a discussion to me.

    Requesting to move this to the appropriate place in the forum, thanks.

  6. #31
    Senior Member Reputation points: 43599 brokerCompany's Avatar
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    Quote Originally Posted by Chambo View Post
    Like I said, that argument has been used over and over....and always loses. You have 15-16 months to correct the path. After that, there's an incredibly good chance Elizabeth Warren is coming to lock you up
    You are joking right. Elizabeth Warren is going to save those merchants who were forced into stacking MCAs! LOL. Yeah dirty politicians are going to save the MCA world.
    Poor MCA world started stacking when Trump came into office.

  7. #32
    Senior Member Reputation points: 570 dworange's Avatar
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    keep your clients happy they will keep coming back all i have to say

  8. #33
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    Quote Originally Posted by dworange View Post
    keep your clients happy they will keep coming back all i have to say
    True. But my guess is a merchant getting a 6th position won't be coming back much longer because they'll be out of business.

  9. #34
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    What this guy asked in this post reminds me of Mantis.

    You can either close 8-10% with your reps fee in there and make 10 points at a 1.47-1.49, or make 7 points and charge 4-7%.

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