Using a personal loan for business purposes

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Using a personal loan for business purposes

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Using a personal loan for business purposes

If it bounces, then the company claims it has the basis for a hot-check charge. (Reached by phone, Cash Biz President David Flanagan cash 57 loan he would have someone else in the company call me back. No one did. ) Baddour, the consumer advocate, said that Cash Bizs innovation points to a persistent problem with the payday loan industry in Texas. What weve seen over and over again is that [payday lenders in Texas] are pushing the limits of the law, always finding the loopholes, finding ways to navigate through the law, she said.

Still, its not clear that the Cash Biz model is kosher. Taking out a payday loan isnt like writing a hot check for groceries.

Using a personal loan for business purposes