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12-02-2014, 08:42 PM #24
- Join Date
- Jan 2014
- Posts
- 283
Were they paying any prior advance off....$1250 is steep even for YS/Pearl. I believe they are both about $500(give or take) so there is either some type of special circumstance or the Merchant owed a few hund to another lender or they rolled in a prior balance?
To answer your question-no, I am not a fan, but I am pretty sure there was a legit reason in this case and, for the most part the UW fees are pretty reasonable. In my opinion 2% is a fair amount +$299 ACH Fee.
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