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The Daily Mess Is It Legal To Borrow Money To Pay Rent Plus Coffee Consumption Are We Drinking More · Arroe Collins Like It's Live

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  Speaker 1: Arrow dot net. It's more than just a podcast, it's
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  Speaker 1: me the guy that's always asking questions because it's really
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  Speaker 1: fun when you start researching for answers such as, are
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  Speaker 1: there loan companies that will now pay your rent on time?
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  Speaker 1: How legal is that? Plus coffee? When comparing it to
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  Speaker 1: my parents in the nineteen fifties and sixties, who is
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  Speaker 1: drinking more coffee them? Or? My name is Errow. I'm
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  Speaker 1: a daily writer, a silent wolf. I stand on the
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  Speaker 1: sidelines and do nothing but watch, listen, study, then activate.
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  Speaker 1: I happen to call it the daily Mess because it's
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  Speaker 1: a chronological walk through in everyday world. It means it's
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  Speaker 1: my morning writing. Uh oh well, as a receiver of
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  Speaker 1: thoughts and ideas, we as people tend to throw things
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  Speaker 1: to the side and deal with it later. When a
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  Speaker 1: subject arrives inside of me, dude, it is time to
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  Speaker 1: dig in. It's still keeping that daily journal, but by
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  Speaker 1: doing that research, the picture becomes clearer. This is the
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  Speaker 1: daily mess. There's a hot new trend. Either that or
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  Speaker 1: it's just surfacing now. Loarning companies paying monthly rent for
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  Speaker 1: residents of apartments and condos. I mean, how legal is this?
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  Speaker 1: First and foremost know the laws that work in your
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  Speaker 1: city and state. Financial companies that pay your rent on
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  Speaker 1: time and you pay as you go at higher interest
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  Speaker 1: rates isn't but it is legal. It depends on how
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  Speaker 1: the actual thing is structured. Most US states have interest
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  Speaker 1: rate caps know at the very beginning what the expectations
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  Speaker 1: are going to be. The loophole that makes high rates
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  Speaker 1: possible is called a rent a bank model. Such plans
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  Speaker 1: is seen as controversial and is currently being challenged in
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  Speaker 1: US courts. Non bank loaners are still seen as true lenders,
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  Speaker 1: and they have got to follow state rules when they
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  Speaker 1: set things up. You should know this is looked upon
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  Speaker 1: as being predatory and deceptive. Make sure your rent lenders
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  Speaker 1: are properly licensed in your state. Know how high the
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  Speaker 1: state's interest rate cap is. Other questions to bring up
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  Speaker 1: include physical banks, are they involved? Do all you can
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  Speaker 1: to know who every single player is. There are a
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  Speaker 1: lot of loopholes, and you don't need to get caught
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  Speaker 1: up in one. In fact, you've got to ask yourself
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  Speaker 1: even the biggest question, do you really need a loan
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  Speaker 1: to pay this month's rent? Hey? Coming up next? How
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  Speaker 1: much coffee are we consuming today compared to my parents
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  Speaker 1: in the nineteen fifties and sixties? Hey, thanks for coming
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  Speaker 1: back to the daily mess when it comes to coffee. Oh,
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  Speaker 1: we love our coffee. Are we consuming more today compared
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  Speaker 1: to my parents of the nineteen fifties and sixties? You
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  Speaker 1: would think, with Starbucks being almost on every corner and
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  Speaker 1: every mom and pop operation in between, coffee would be
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  Speaker 1: on the increase. Correct. Not true. It's shifting, but it's
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  Speaker 1: not increasing. Research shows our parents of the nineteen fifties
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  Speaker 1: and sixties actually consumed more coffee than what we do today.
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  Speaker 1: I mean the average cup back then they did about
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  Speaker 1: three cups a day. It was cheap, yes, its strength
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  Speaker 1: was a little bit on the screwy side. In fact,
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  Speaker 1: my father used to call it watered down colored coffee.
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  Speaker 1: There was very little variety in the nineteen fifties and sixties.
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  Speaker 1: We're talking about no lattes, no cold bruise. The people
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  Speaker 1: of the nineteen fifties and sixties turn coffee into daily
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  Speaker 1: fuel and not the experience, whereas today, come on, two
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  Speaker 1: cups of coffee. That's what we're doing. They're in bigger cups.
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  Speaker 1: Coffee is still a fuel, but man, it's about our
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  Speaker 1: lifestyle and identity. Back in mom and Dad's day, though,
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  Speaker 1: coffee consumption didn't really have competition like it does today,
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  Speaker 1: which does affect sales on the way to the bank
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  Speaker 1: when it comes to who's winning this race red Bull
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  Speaker 1: and other power drinks or coffee, and it looks like
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  Speaker 1: coffee is taking a hit one hundred percent convenient. This
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  Speaker 1: thing called red Bull is it is the same buzz,
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  Speaker 1: but with less work. Woo hi marrow. And that's the
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  Speaker 1: daily mess.