[jdlaw]

Doesn't make sense those that proudly claim they are 99%"s. It's like I'm a loser celebrate me....Huh

[Karen37a]

Doesn't make sense those that proudly claim they are 99%"s. It's like I'm a loser celebrate me....Huh

99% of the 10 who were bugging me

[J.Celifarco]

99% of the 10 who were bugging me

I have always been for federal regulation because I was scared of state by state laws that will require different contracts and different paperwork and disclosures depending on what stae it was in.. With a federal law would have been one set of rules across the board we would have adjusted and made it work.. State by state will be a slow bleed and a giant pain in the ass

[Karen37a]

I have always been for federal regulation because I was scared of state by state laws that will require different contracts and different paperwork and disclosures depending on what stae it was in.. With a federal law would have been one set of rules across the board we would have adjusted and made it work.. State by state will be a slow bleed and a giant pain in the ass

it still isnt good

There is a way around this...they really cant turn a purchase of recievables into a loan

its like turning a chicken into a turkey

I think it will eventually be struck down

Like this took 3-5 years to KILL

Dol is officially dead
https://www.investmentnews.com/artic...y-rule-is-dead

Trump rolls back Doody Frankenstien

https://www.cnbc.com/2018/05/24/trum...gulations.html

[J.Celifarco]

they are not calling a purchases of receivables a loan they are just saying MCA will fall under this law

[Karen37a]

they are not call a purchases of receivables a loan they are just saying MCA will fall under this law

I think it can be challenged

its like misclassifying "instalment loans" lines of credit ...credit cards etc

They are different vehicles

Regulators do not have a financial background they get confused ..toss their hands in the air and pass laws...it can be overturned