EZLOAN Lender Funding 1st, 2nd and 3rd Position with Sell rates from 1.20 to Max 1.30
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  1. #1
    Senior Member Reputation points: 122873 BR-Nightmare's Avatar
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    Quote Originally Posted by CHAJIR View Post
    Again, not going to file it, I just need it signed and that's it. A merchant doesn't know that it can't be used, unless the broker tell them that, and if they do that, then they are not protecting the lender's interest.

    And to clarify only to merchants that defaulted in the past.
    I thank you for your clarification.

    Unfortunately what this looks to be is a scare tactic. You're threatening to do something you actually can not do to a merchant. What is the point? Would someone care to chime in if it's even legal to do that to a Merchant?

    This isn't to bash your company. However, you're clearly not seeing that you have a lot of red flags in your posts. If you follow the threads on here we've seen much crazier things advertised that clearly do not make sense.

    I understand you work there. You're coming in looking to let us know who you are. I would recommend you visit debanked.com and read up on the stories written on COJ's and such. I'd also point you to the Bloomberg Articles written a few years ago.
    The Brokers Nightmare
    I don't want peace, I want problems, ALWAYS!
    Florida-Based

  2. #2
    Thank You, I will let the company know that and see if it can be revised, in the meantime, we are focusing in what might be the case for maybe 2% of the deals that we might fund.
    On the other hand, we do sell rates, at a 1.20 the broker gets 5 points commission and at 1.30 the broker gets 10 points commission. We don't do more than 1.30 sell rate.
    We offer daily or weekly payments and we can also do prepayment addendums in case the merchant wants to pay the loan faster.

    Lets fund deals.

  3. #3
    Senior Member Reputation points: 35422
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    Quote Originally Posted by CHAJIR View Post
    Thank You, I will let the company know that and see if it can be revised, in the meantime, we are focusing in what might be the case for maybe 2% of the deals that we might fund.
    On the other hand, we do sell rates, at a 1.20 the broker gets 5 points commission and at 1.30 the broker gets 10 points commission. We don't do more than 1.30 sell rate.
    We offer daily or weekly payments and we can also do prepayment addendums in case the merchant wants to pay the loan faster.

    Lets fund deals.
    Under what entity do you file judgements as? I couldn't find any for ezloan.

  4. #4
    Look more closely.

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