Quote Originally Posted by fundingsmbs View Post
so how would you disclose this? $20k, $27,200 payback, 3% origination, $227 daily payments if its not written as an APR.
some type of annualized cost of capital

Words matter....saying "investment" vs "loan" " grant" "gift" matters..it changes the intent and legal liability


I cant legally explain apr to someone for an advance...I come from regulation...i know I am committing a crime

And I most certainly will not have someone sign it. I have ethics