RE: Shore Cap22 Feb 2022 10:02
Completely agree Manu.
Morse is alot different to other lending companies, it has been Aware of the lending regulations for many years and has adapted it procedures to suit.
The claims that come in are tiny and are not worth the battle, so it's cheaper to pay them out than argue the case.
Revenue is still coming in and the company is adhering to the rules.
This will be short lived and its only the small few that are trying their luck.
Back to normal business shortly.
Onwards and upwards.
To clarify, I am heavily involved in Amigo too but this if a different fight completely, that is why Amigo is a bigger risk. Far more hurdles to jump than morse but Amigo also has potential.
Stick to your own boards Jimmy, this isn't a fight between Amigo and Morse.