
Taking a Hard Look at Revenue-Based Loans
eComFuel
00:00
How to Refinance a Wayflyer Loan
With a virgin cash advance you've already committed to the full fee up front. Paying it off faster doesn't help you it just makes your situation worse, right? conversely if you can stretch out paying it It makes the effective rate lower Because they don't have a personal guarantee there are so many ways to strategically default on these guys Murchin: "I think way flyer would probably come after me"
Transcript
Play full episode