Never understood how the process works and how the person offering money benefits from this. What do the IRS and banks (Chase, Capital One, Wells Fargo, etc.) do to get rid of this.
In: Economics
As a general rule for life anytime you have to ask how do they make their money? The answer is always that they are going to make it off of you. And for probably more, a lot more, than what you expect. If they get the opportunity they will try to steal everything, to clean out your bank account. People have gotten taken for hundreds of thousands of dollars. They will make friends with you, talk to you, buddy up to you, all for the inevitable pig slaughtering. Stealing your money is their job. You are their meal ticket.
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