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11-16-2018, 04:41 PM #1Karen37aGuest
While everyone has spent years being negative other funders/lenders are funding millions and millions.
Negative posts articles, etc etc. If anyone would look at this they would think "that's the last place that I would ever invest my money"
Yet...people latch onto an idea like bitcoin and run with it.
If Carl Icahn says he is going negative on a stock...or George Soros or anyone of high profile states that they are either buying or selling something ( its illegal) because people will buy or sell just based on the rumor. This is a common prermise in stocks " buy on runor sell on news "
This board should have been the last place for some people to be yelling Regulation or that we are Doomed
I tried to block it because I can't tell if they are just dumb mfkrs or doing it on purpose
Get off 1099 Isos and the MCA industry already
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11-16-2018, 06:26 PM #2
this is a MCA forum why would we get off MCA or talking about things that affect the industry? Regulation when it comes and in what form, is a big dea.l If we dont discuss it on places like this forum where should it be discussed? Pretending it is not happening to me seems silly
John Celifarco
Managing Partner
Horizon Funding Group
3423 Ave S
Brooklyn, NY 11234
T: (347) 773-3990 | F: (718) 795-1990
Linkedin: Profile
Email: john@horizonfundinggroup.com
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11-16-2018, 06:29 PM #3Karen37aGuest
Someone just posted fake news about a lawyer sending out letters to isos
Maybe you can't see the fake news crap and slants but I can
And why?...they wanted regulation to lock up competition
they do not want D paper and they do not want seconds
And I have said for 3 years now...it wont have the desired effects....it just collapses the industry and makes way for banks to run us downLast edited by Karen37a; 11-16-2018 at 06:33 PM.
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11-16-2018, 06:39 PM #4
no matter what people want second positions arent going anywhere they have become a part of the industry and A paper banks are not even killing deals for having 2 positions open anymore. You are worrying about issues that dont exist. Do people want out of control stacking to stop where companies are taking upwards of 30% of a companies gross sales to pay back positions they cant afford, YES, but nobody is saying anything about common sense second positions or even thirds that arent destroying the merchant. Years ago yes but now they are too much a part of the industry for anything to be done about them. It is about common sense and not taking things too far.
John Celifarco
Managing Partner
Horizon Funding Group
3423 Ave S
Brooklyn, NY 11234
T: (347) 773-3990 | F: (718) 795-1990
Linkedin: Profile
Email: john@horizonfundinggroup.com
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11-16-2018, 06:43 PM #5Karen37aGuest
Thats not what "outlawing" mca does or putting APR on contracts causing them to turn into loan
Stare decicis...it causes defaults and sets precendent for debt relief to automatically default on you and no cojs and no collections allowed
That dumb smart box with the apr...and the bullies trying to shove it thru trying to gain market share...cursong me out for 3 years already
no apr ...period or you get defaulted on
if you do not understand that's your problem. what I said for 3 years is true
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11-16-2018, 07:04 PM #6
- Join Date
- Oct 2016
- Posts
- 4,318
Karen wakes up in the morning and chooses which keywords she’ll use today. Oddly, she chooses the same keywords everyday “1099, regulation, I had 500 brokers working for me!!!!!!” and then finds a way to work those keywords into every thread.
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11-16-2018, 07:06 PM #7Karen37aGuest
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11-16-2018, 07:31 PM #8
- Join Date
- Jul 2015
- Posts
- 1,202
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