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07-17-2014, 10:36 AM #1
Are non-bank loans addictive?
CNN Money article today: http://money.cnn.com/2014/07/17/smal...html?iid=HP_LN
"Merchant advance is the financial equivalent of crack," said Weiss.
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07-17-2014, 10:46 AM #2
I've said that many times. The way some merchants will call month after month looking for more money is like a crackhead needing another hit.
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07-17-2014, 11:06 AM #3
Literally had a merchant tell me " renew me I'm addicted ...." Its a slippery slope to bankruptcy...
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07-17-2014, 02:06 PM #4
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