AmiSight 4/6: Too Good to Be True
- Ami Kassar
- 1 day ago
- 1 min read
I always caution borrowers that if it feels too good to be true, it usually is.
I recently read on NPR about a business owner who took fast, easy capital to support her company. Within weeks, daily payments piled up. When she fell behind, her lender froze all of her accounts... no warning.
What started as a lifeline became a shutdown.
This is what happens when speed wins over structure.
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