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07-14-2016, 11:06 AM #1
- Join Date
- Jun 2015
- Posts
- 3,326
i feel that is what causes half the stacks . as a broker there is plenty of times i can win a deal with giving them a stack as it comes out cheaper . had a merchant the other month that his "a" lender had him on a 1.26 9 months but needed to pay double on his 20k balance . it was way cheaper just doing a 7 month second for 20k at a 1.38 .
i wonder if lenders calculate that when they make the greedy calls . Also lenders who offer an early pay off discount only if you use them have the right idea , look at the post the other day with quickbridge how the rep cant move him away because he wants the discount
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