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07-24-2015, 10:14 AM #6
Reputation points: 23718
- Join Date
- Jul 2014
- Posts
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A COJ only guarantees a judgment. A judgment doesn't guarantee payment. I like my role as a broker, and I sympathize with lenders. In the beginning I thought a 1.459 was outrageous, now, after seeing the portfolio performance over a long period on these merchants, I understand why the rates are what they are.
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