[blindbid]

As reported by Business Insider, Morgan Stanley is predicting that the price of a barrel of oil will drop as low as $43 a barrel in 2015. If this is true, then the lower gas prices will stimulate the economy. American workers will have more money to spend on Main Street. Main Street will have more money to cover their expenses and purchase equipment etc. The demand for fast cash may drop precipitously.

"The extra cash in shoppers’ wallets and pocketbooks could help generate nearly half a percentage point in added economic growth in the fourth quarter, and roughly $70 billion more in consumer spending over the next year, according to Barclays."

Any thoughts?

[Drizzle]

Which will lead to expansion of business. That's what our money's for, to grow. Our money is not to keep the lights on!

[blindbid]

Which will lead to expansion of business. That's what our money's for, to grow. Our money is not to keep the lights on!

Really, I see over 500 MCA leads a month. I would say more than half is to keep the lights on.

[Drizzle]

So your typing out of both sides of your mouth.

[blindbid]

I think we'd both agree that the MCA industry saw its biggest growth during the Great Recession. Businesses were trying to survive. Yes, I agree with you it will be interesting to see if the economy gets better if merchants will increasingly turn to alternative funding to grow.

[channin19]

Really, I see over 500 MCA leads a month. I would say more than half is to keep the lights on.

I think you've told everyone what they need to know about your leads.

From what I'm told business owners were less reluctant to take on debt prior to the recession and it was much easier to get deals done (aside from this being prior to ACH deals).

[blindbid]

We have one of the highest close ratio's and highest average advance in the industry. One reason are leads are so good is that our team studies the market. We have to make adjustments to our marketing based on market conditions. I am simply asking what impact 70 billion will have on the economy for Main Street?

[skideeppow]

^^^Really? that is laughable.

[Zach]

Why is everyone picking on blindbid? From what I've heard their leads are excellent.

[blindbid]

How would you know, you've never been a client.

[Zach]

"from what i've heard"

What's up with the attitude? You having a bad day or something?

[Chambo]

We have one of the highest close ratio's and highest average advance in the industry. One reason are leads are so good is that our team studies the market. We have to make adjustments to our marketing based on market conditions. I am simply asking what impact 70 billion will have on the economy for Main Street?

Better be careful. Posting statements like this without the data to back it up can be interpreted as misrepresentation. This si just what the Federal Trade Commission is going to start busting these ISO's for. You wanted regulation, you got it fellas

[golf2014]

It's more a psychological effect then financial if the prices of gas go lower. You really want to think that spending 40 a week on gas is going to be different then 80 per week in gas? People still spend way to much on electronic gadgets,vacations etc....but it def is nice that the cost of gas is dropping.