That’s the shadiest shit I’ve ever heard, I knew a lot of these companies were bad, like really bad but the guy had a total conflict of interest with also owning the collections agency. That’s not illegal where you live? Fuck…
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Get the customer to sign an agreement to pay a certain amount each month. When that payment was even a day late, we’d use the checking account information to get a judgement to drain the account. I saw loans as small as $500 balloon to thousands after all was said and done.
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