Thursday, September 25, 2014

Yikes! 43% Interest With Kabbage

John sends along a link to kabbage.com, that makes loans based on your online sales experience, tapping into your ebay, yahoo, square or amazon account to see what you can carry.  Pretty slick, but yikes...  their suggested loan example shows 24% interest pa, and if you dial back to one month loan it is 43%!!!

Check it out:  https://www.kabbage.com/how-it-works

In time we'll get back to no interest loans among businesses.  Like https://www.communitysourcedcapital.com/

Feel free to forward this by email to three of your friends.


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