Loan shark Beware lenders using the words “cash advance” instead of “loan” in documents. This is designed to avoid usury laws and licensing requirements. Consumer laws protect individuals from being fleeced. But there’s no help for firms who borrow under deals which unfairly enrich the lender Guessed the Word? Series 42 (2/8) …
Tag: shark
Emotion Emotion can prevent start-ups from seeing their idea isn’t viable as a business. Obscure, esoteric new products/ services only appeal to few people. Targeting a small niche means less competition, but also less money Guessed the Word? Series 33 (2/5) [pic: lubo minar]