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  1. #1
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    Quote Originally Posted by FUNd View Post
    Over-collection is NOT rare.
    I am sure with car payments and reoccurring payment industry these things happen BUT its never the MODEL to over-collect. The real scamming is the tens of millions being generated by credit score re sellers that charge $9 bucks from consumers and then in fine print they have the rights to keep collecting for ever until you stop and wait on hold all that are done to innocent consumers and every watch dog group is aware and the games go on.
    Last edited by mcaguru; 04-26-2016 at 11:32 AM.
    Marcus Clapman | Business Development | Cresthill Capital
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  2. #2
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    Quote Originally Posted by mcaguru View Post
    I am sure with car payments and reoccurring payment industry these things happen BUT its never the MODEL to over-collect. .
    How can you possibly speak intelligently as to what goes on behind the scenes at lending houses you don't even know?

  3. #3
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    Quote Originally Posted by FUNd View Post
    How can you possibly speak intelligently as to what goes on behind the scenes at lending houses you don't even know?
    I guess you don't know me. Listen i don't know what the fly by nights do, My pals that control 75% of the MCA Funding space are all above board people and don't operate schemes to make another buck outside the core business model.
    Last edited by mcaguru; 04-26-2016 at 11:57 AM.
    Marcus Clapman | Business Development | Cresthill Capital
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    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

  4. #4
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    Quote Originally Posted by mcaguru View Post
    I guess you don't know me.
    Oh, my apologies, I didn't know that the CEOs of the major industry players run decisions past you.

  5. #5
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    Quote Originally Posted by mcaguru View Post
    I guess you don't know me. Listen i don't know what the fly by nights do, My pals that control 75% of the MCA Funding space are all above board people and don't operate schemes to make another buck outside the core business model.
    What's in the unwritten core business model is the problem.

  6. #6
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    Quote Originally Posted by HDF View Post
    What's in the unwritten core business model is the problem.
    We all focusing on the same issues. Seems like everyone forgets we dart several 100K wires a day across the country with no site inspection or landlord verification and then pay a Double Digit Commission (so we are out of pocket another HUGH CHUNK) before the merchants releases his 1st payment. people are pretending like we are sitting on buildings that mortgage was paid off in 1973 and allo we doing is collecting free cash flow.
    Marcus Clapman | Business Development | Cresthill Capital
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  7. #7
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    Quote Originally Posted by mcaguru View Post
    My pals that control 75% of the MCA Funding space
    Cigars and brandy in the smoking room sir?

  8. #8
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    Quote Originally Posted by FUNd View Post
    Cigars and brandy in the smoking room sir?
    The leaders in our space are simple people for the most part.
    Marcus Clapman | Business Development | Cresthill Capital
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  9. #9
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    Quote Originally Posted by mcaguru View Post
    The leaders in our space are simple people for the most part.
    Your space. YOUR space and way of doing things. Plenty of integrity and smarts among the others players big and small.

  10. #10
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    REALLY? I know a a few and of all the words I would use to describe them SIMPLE is not one of them. If that is the word you use to describe them, then I doubt they are leaders.
    John Celifarco
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  11. #11
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    Quote Originally Posted by J.Celifarco View Post
    REALLY? I know a a few and of all the words I would use to describe them SIMPLE is not one of them. If that is the word you use to describe them, then I doubt they are leaders.
    Simple, As in approachable by employees and spend 10 Hours a day in the office and almost never take vacations. (One guy i know running one of the largest A Paper shops ONLY fly's coach).
    Last edited by mcaguru; 04-26-2016 at 02:30 PM.
    Marcus Clapman | Business Development | Cresthill Capital
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    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

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