Just wondering how profitable the companies that loan people money are. Is it worth trying to start your own lending business?
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It takes a lot of capital, it’s hard to start without some deep pockets.
It’s a return on investment thing, like if you look up some public companies like that you’ll see things like $100 billion in Assets, $1 Billion in Revenue and $200 million in profit.
And its all about getting people you need to pay usually on commission to get loans for you.
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