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01-11-2021, 02:47 PM #7
- Join Date
- Feb 2017
- Posts
- 3,374
Actually, Dave, both IOU and Ondeck (and Rapid and WBL for that matter) boast that they provide loans, and they are loans. While I'm not an expert in this, I think it's that the bank partners that gives them the licensing to charge interest above the legal usury limits that "regular" funders are not allowed to.
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