Reply To: Can you elaborate on "We have the benefit of the underlying receivables"

Why has Speedy Money reduced their interest payable to 15%, from 16% to 17% when they have not reduced the interest they charge their clients? It seems they are placing more of a burden on their lenders and increasing their own profit margins. When insured loans can be invested in that pay 14% why would lenders invest in Speedy Money?

Regards,
HFS