How is WBL Legal?
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  1. #1
    Senior Member Reputation points: 91418
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    How is WBL Legal?

    With all that's happening, WBL is hiring/growing. I get the lure to their investors, get cash advance returns on your money, with real estate as collateral. But, for the life of me, I can't figure out, HOW IS THAT LEGAL?

    Anyone on here have any idea?

  2. #2
    Quote Originally Posted by SFC View Post
    With all that's happening, WBL is hiring/growing. I get the lure to their investors, get cash advance returns on your money, with real estate as collateral. But, for the life of me, I can't figure out, HOW IS THAT LEGAL?

    Anyone on here have any idea?
    There the biggest thief's on the street they look to steal peoples property. They clearly don't look at affordability they only look at the equity.

  3. #3
    It's not really legal...most of the time IMO. But just like cash advance, they bank on people not being able to fight back.

  4. #4
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    Quote Originally Posted by Roc Funding View Post
    There the biggest thief's on the street they look to steal peoples property. They clearly don't look at affordability they only look at the equity.
    pot calling the kettle black.. you do collateral deals whenever you can get your hands on them

  5. #5
    Senior Member Reputation points: 51397 DTFdowntofund's Avatar
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    That product is insane.

  6. #6
    Not really there Jared, We don't jam a position that some one can't afford.

  7. #7
    "So you have 98% credit utilized, a mortgage, a 2nd mortgage, a loan with XYZ, and factoring contract with ABC, 4 cash advances, and 2 of them are in reduced payments?...Ok...But you have equity in the home you and your family sleep in at night....cool...where do we send the docs?"

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