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hi Qlds007 yes but remember that hte 5 and 6% per month was an industry and a large one at that I have no idea how it will comply because it was unregulated before and so was built that way. interesting times a very large component of the 5 and 6% per month market was legal firms the...

how will this effect caveat lending or the high bridge lending were you have no idea how it is going to effect the borrower yes they may not be able to pay it back thats why the interest is so high anyones idea here

thanks all interesting reading these acts are going to bring alot of broker and vendor finance people into line good or bad I have no idea but I do know that there are alot that have no idea about it as yet the people that it will hit is the cash funder the people with cash in the back...