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The Cash Advance Industry Is A War Zone.

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Rabbi Yaron Reuven Short Torah Clips avatar
Rabbi Yaron Reuven Short Torah Clips

Transcript

Auto-generated transcript. Not time-synced to the video.

The the merchant cash advance business is known not just by me. It's known by the industry itself, uh, by journalists, by the law itself, that it's a predatory lending. Meaning that by default, the industry itself is inherently a predator for its customers, which are prey. Because the rates of interest that they charge are so high that it is statistically improbable to the point of impossible for the customer to ever come ahead as a result of it.