Pop Quiz: Would No Interest Mean No Defaults?September 21, 2013 | By: Sean Murray
Bring interest rates down to zero and nobody would default right??? Every single borrower has a risk of delinquency or default irrespective of the interest rate. Everyone.
Read the now defunct ARC Loan procedural guide:
SBA’s ARC Loan Procedural Guide
Sean Murray is the founder of deBanked, an 11-year veteran of the merchant cash advance industry, a casual Lending Club and Prosper note investor, the co-founder of Daily Funder, an alternative lending speaker, consultant, writer, and enthusiast. Connect with me on LinkedIn or follow me on twitter.