RE: Credit cards4 Jun 2021 14:36
Don't be silly, there is increased costs and probability the back up person also won't pay. You make it sounds like the full 49.9% goes to Amigo as profit. They have loan costs, they have risk, they have salaries to pay, pensions 20% of it goes in corporation tax right away! insurance, advertising, property, property tax. IT equipment, phones, broadband..
Truth ... you have not thought it through at all have you. Try again and post some calculations this time as to what they actually get out of the % and you will be surprised when you think about it for more than 1 seconds.