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07-17-2020, 10:15 AM #1
- Join Date
- Jan 2018
- Posts
- 519
In a perfect world, write it off and try to find a better product that doesn't destroy people with bad credit and financial difficulties cash flow. I'm young and honestly not as experienced as a lot of you guys in a lot of ways. I'm just wondering why people who have so much money, power, and influence are investing in the growth of MCA's? A decent amount of my friends from Baruch College and even from my high school went into MCA because of the insane amount of jobs that were created from this industry. I'm wondering why investors who are people of God couldn't find something else to invest into that would maybe be a little less evil?
Also a lot of high risk firms are very religious too. What is their excuse? Isn't their entire business model based off of putting most merchants into default and aggressively going after them through insanely abusive collection methods?
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