Results 1 to 7 of 7
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05-08-2020, 02:52 AM #1
- Join Date
- Sep 2019
- Posts
- 402
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?
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05-08-2020, 10:04 AM #2
- Join Date
- Jan 2019
- Posts
- 28
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05-08-2020, 10:07 AM #3
- Join Date
- Jun 2013
- Posts
- 293
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.
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05-08-2020, 10:43 AM #4
- Join Date
- Oct 2017
- Location
- NY, NY
- Posts
- 36
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05-08-2020, 10:59 AM #5
That product is insane.
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05-08-2020, 12:04 PM #6
- Join Date
- Jan 2019
- Posts
- 28
Not really there Jared, We don't jam a position that some one can't afford.
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05-08-2020, 12:10 PM #7
- Join Date
- Jun 2013
- Posts
- 293
"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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