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09-28-2018, 01:44 PM #18
Reputation points: 57713
- Join Date
- Dec 2017
- Posts
- 397
factor rate is the most simple and easiest rate to calculate, you think merchants are all of a sudden going to balk because there is an outrageous APR on the paperwork?
loan me has merchants paying 169% real APR every single day
having some time to think about it today tho, i wonder how the estimated APR could **** some merchants who then want a true up on their receivables... you agreed to the APR SOL idk
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