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Our guest writer has helped keep InCharge Debt Solutions up to date with all the new financial information that is available to the average person.

Sources:

  1. N.A. (2022, January 5) Merchant Cash Advance Providers Banned from Industry, Ordered to Redress Small Businesses. Retrieved from https://www.ftc.gov/news-events/news/press-releases/2022/01/merchant-cash-advance-providers-banned-industry-ordered-redress-small-businesses
  2. N.A. (ND) Advisory to Small Businesses with Merchant Cash Advance Contracts. Retrieved from https://dfpi.ca.gov/2020/04/06/advisory-to-small-businesses-with-merchant-cash-advance-contracts/
  3. N.A. (August 3, 2020) FTC Alleges Merchant Cash Advance Provider Overcharged Small Businesses Millions. Retrieved from https://www.ftc.gov/news-events/news/press-releases/2020/08/ftc-alleges-merchant-cash-advance-provider-overcharged-small-businesses-millions
  4. Alicia Tuovila (2023, August 27) Is a Merchant Cash Advance (MCA) Right for Your Business? Retrieved from https://time.com/personal-finance/article/is-merchant-cash-advance-right-for-you/
  5. N.A. (2023, September 6) How are merchant cash advances different from a business loan? Retrieved from https://www.paypal.com/us/brc/article/cash-advance-vs-business-loan
  6. Zachary Mider (2020, December 8) N.J. Says Cash-Advance Pioneeer Deceived Borrowers. Retrieved from https://www.bloomberg.com/news/articles/2020-12-08/n-j-says-cash-advance-pioneer-yellowstone-tricked-borrowers