Results 1 to 13 of 13
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12-09-2014, 09:01 PM #1
- Join Date
- Oct 2012
- Location
- Colorado Springs, CO
- Posts
- 32
Lower Gas Prices could curb MCA Industry
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?
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12-09-2014, 09:52 PM #2
- Join Date
- Jul 2014
- Posts
- 128
Lower Gas Prices could curb MCA Industry
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!
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12-10-2014, 09:36 AM #3
- Join Date
- Oct 2012
- Location
- Colorado Springs, CO
- Posts
- 32
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12-10-2014, 10:38 AM #4
- Join Date
- Jul 2014
- Posts
- 128
Lower Gas Prices could curb MCA Industry
So your typing out of both sides of your mouth.
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12-10-2014, 10:59 AM #5
- Join Date
- Oct 2012
- Location
- Colorado Springs, CO
- Posts
- 32
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.
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12-10-2014, 11:33 AM #6
- Join Date
- Jul 2013
- Posts
- 352
Last edited by channin19; 12-10-2014 at 11:45 AM.
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12-10-2014, 12:37 PM #7
- Join Date
- Oct 2012
- Location
- Colorado Springs, CO
- Posts
- 32
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?
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12-10-2014, 12:51 PM #8
- Join Date
- Apr 2013
- Location
- Basalt CO
- Posts
- 867
^^^Really? that is laughable.
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12-10-2014, 01:03 PM #9
Why is everyone picking on blindbid? From what I've heard their leads are excellent.
Zachary Ramirez – CEO
Phone: 562-391-7099
Email: zach@zacharyjosephramirez.com
1661 N. Raymond Ave #265
Anaheim CA 92801
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12-10-2014, 01:12 PM #10
- Join Date
- Oct 2012
- Location
- Colorado Springs, CO
- Posts
- 32
How would you know, you've never been a client.
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12-10-2014, 01:22 PM #11
"from what i've heard"
What's up with the attitude? You having a bad day or something?Last edited by Zach; 12-10-2014 at 01:24 PM.
Zachary Ramirez – CEO
Phone: 562-391-7099
Email: zach@zacharyjosephramirez.com
1661 N. Raymond Ave #265
Anaheim CA 92801
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12-10-2014, 08:47 PM #12
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12-11-2014, 03:58 AM #13
- Join Date
- Apr 2014
- Posts
- 781
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.
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