[BROKER TIME]

This actually looks worse then what California did.

https://debanked.com/2018/10/new-jer...9634876&_p_c=1

only a matter of time
for every state

need to look into a new industry other than MCA

[J.Celifarco]

only a matter of time
for every state

need to look into a new industry other than MCA

NO we will just have to adjust to whatever the rules are. There will still be an industry and the ability to make money it will just be different. Hopefully they will be able to get this worked out the way they did in California and get the APR disclosure removed

[Karen37a]

NO we will just have to adjust to whatever the rules are. There will still be an industry and the ability to make money it will just be different. Hopefully they will be able to get this worked out the way they did in California and get the APR disclosure removed

APR in calif is NOT Removed

They are leaving it up to the DBO the decision is not made yet

Just like we had a chance to fight to veto...and no one said anything but me

[jdlaw]

only a matter of time
for every state

need to look into a new industry other than MCA

That's the thing. I do commercial hard money and traditional LOC's, term loans.... Learned a long time ago depending on one source of income is just business suicide waiting to happen.

[mcaguru]

only a matter of time
for every state

need to look into a new industry other than MCA

calm down even pay day that they claim (not certain!) took milk out of baby's tummies was legal in 36+ states!

[Karen37a]

calm down even pay day that they claim (not certain!) took milk out of baby's tummies was legal in 36+ states!

Yes, you know how these things work. They pass a law, takes a bit for it to go into effect but then it will make itself to the actual court systems and then it is either challenged and held up or kicked out

[WestCoastFunding]

calm down even pay day that they claim (not certain!) took milk out of baby's tummies was legal in 36+ states!

How will Mantis/Cresthill employee PSFs be reflected in the cost of financing?