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11-15-2017, 11:43 AM #1
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How do you explain it to a judge, that you "bought receivables, without buying it, but you are collecting it while you're buying it"?......
High risk paper
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11-15-2017, 12:40 PM #2
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Student Loans have Disbursement Schedules....
That's like saying how do you explain that? The agreement is still the same. Just because all the fund are not Given all at once..... seems negligible .... but that's just me.
They Disburse then collect. They never collect without giving Funds... that's silly.
In what scenario did they Collect while not Buying? Even in Micro terms (weekly)
It's the same agreement. Just Deposited over time.
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11-15-2017, 12:44 PM #3
Reputation points: 179851
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Furthermore, It's the ability to not think outside the box....which haunts this Industry.
Also, Reverse Consolidations are great. Spectacular IMO. Funding the Unfundable...New rev stream....yes please.
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11-15-2017, 03:55 PM #4
Reputation points: 1260
- Join Date
- Sep 2015
- Posts
- 58
It would make sense to think outside the box considering an Cash Advance is an out of the box product....
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