Can You Lose Money With A 50% Interest Rate?

Marc Prosser, Contributor, Forbes
Tue, 10/21/2014 - 6:52pm

The answer is yes. I was recently writing an article on merchant cash advances and stumbled across a surprising piece of information. A company which loans money to small businesses at an interest rate of more than 50% was losing money. A number of companies have entered the alternative lending [...]

Topics: money interest rate

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Can You Lose Money With A 50% Interest Rate?

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