Default on MCA?
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  1. #1
    Senior Member Reputation points: 99426
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    Depends on the circumstances behind the default. Sometimes, they're just trying to get out of a predatory bait and switch arrangement.

  2. #2
    It should depend on the circumstances. I am by no means a sympathizer, but in this case, YLS stressed the merchant, which is quite unethical in my opinion. He resumed paying $500/week and has 60% remaining on the balance of $40k +/-.

  3. #3
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    Quote Originally Posted by lendinghand View Post
    It should depend on the circumstances. I am by no means a sympathizer, but in this case, YLS stressed the merchant, which is quite unethical in my opinion. He resumed paying $500/week and has 60% remaining on the balance of $40k +/-.
    What do you mean they "stressed the merchant"?

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