Results 1 to 25 of 27
Threaded View
-
12-26-2017, 01:17 PM #1
- Join Date
- Jul 2014
- Posts
- 40
5 Stacked- Negative days
Merchant has 5 balances...and over the Christmas holiday he is now negative.
Any hope for this merchant?
Has a home equity line closing at the end of the week....
Any advice on what he can do? Call the lenders?
PS. Merchant is a Victim of fraud..(debanked) had an article on it that described exactly what happened to this merchant...
A Broker promised him if he "took the 5 advances" they had a company that would consolidate them into a "Monthly payment" over 5 years. Since July he has been on the Cash Advance Cycle of hell...borrowing to pay back...and he keeps digging himself in and is now negative...
What to do?
Similar Threads
-
NSF & Negative Days-looking to fund with a cc split
By freeprocessing in forum Merchant Cash AdvanceReplies: 14Last Post: 07-27-2017, 02:22 AM -
negative days
By johnnycash1 in forum Deal BinReplies: 7Last Post: 07-18-2016, 11:49 AM -
Burger Shop in Cali w/ a few negative days
By AJR in forum Deal BinReplies: 8Last Post: 04-29-2016, 04:40 PM -
2nd Position Restaurant Lots of Negative Days in 1 month out of 4
By danra in forum Deal BinReplies: 2Last Post: 07-31-2014, 07:24 PM -
ACH deal with negative days but no bounced items
By Andy in forum Deal BinReplies: 5Last Post: 07-30-2014, 11:00 AM