How to Spot an MCA Debt Consolidation Scam
If you’re drowning in merchant cash advance (MCA) debt, you’re probably looking for relief that can help ease the financial burden. Unfortunately, you’re also exactly the type of business owner that scammers are hunting for. Scammers often take advantage of people in vulnerable situations who may be more likely to fall for bad actors. That’s […]
What Tariffs Mean for Merchant Cash Advance Borrowers
Tariffs usually make headlines for their impact on global trade and politics, but for small business owners, the effects hit much closer to home. When the cost of imported goods and materials goes up, everyday operations get more expensive—and that strain can be especially tough for those relying on merchant cash advances (MCAs) to manage […]
Can You Be Sued for a Debt That Was Charged Off?
Quick Summary: Yes, you can be sued for a charged-off debt. A charge-off does not mean the debt is forgiven. It means the original creditor gave up on collecting and wrote it off as a loss, but they can still sell the debt to a collection agency or sue you themselves. If the creditor wins […]
