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This could cause the total interest that you pay over the life of the consolidation loan to be greater than the interest would have been on the individual debts, even though the monthly payment is lower.
But instead of controlling your credit card payments, as MCAs do, cashflow lenders require direct access to your business bank account or, alternatively, your payments systems (ie.
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The lender seeks repayment of a covered loan pursuant to a valid court order authorizing the lender to garnish a consumer's account.
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