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06-07-2024, 11:24 AM #1
- Join Date
- Dec 2023
- Posts
- 58
Ontap capital - debate
Who wants to do broker deals with a scammy lender?
How does a canadian lender get to go against their own contract just because they are in canada?
The broker agreement says lender must pay commission within 7 business days with a 30day clawback.
Told us (the broker) we won't get paid on a deal until it's paid off. It has been 19 days now but they are telling us because a few payments bounced (but were paid) they are withholding for 3 months until the loan is majority paid because the account is in default, but the account never defaulted.
How is that even possible?
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