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04-02-2014, 02:07 PM #1
- Join Date
- Feb 2014
- Location
- Chicago, IL
- Posts
- 58
Stack on his deal, you'll get sued.
I recently spoke with a direct lender. We had the all too common discussion about stacking, its moral and financial impact, ect.
The common response is that it's frowned upon and that "there's money to be made, but its not the right way to make it."
Our conversation went a bit differently, he said that if a broker tries to stack on one of his merchants, he sues them.
Is that common practice? I had never heard of such a practice and wasn't really sure if was common among direct funders?
Thanks,
Scott
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