The reason for our sudden interest in this business story was that the two “guys” who lost religion while building their fortune grew up in Ultra-Orthodox Jewish communities in Brooklyn. The writer even referred to one of them as an ex-Lubavitcher and claimed that the cash advance business was “invented” in a Crown Heights basement ten years ago by another Lubavitcher, Sam “Mula” Chan in. Chan in was a successful entrepreneur in the credit card processing business with a team of salespeople going store-to-store signing up merchants with the lure…
Read MoreCash Advance Addiction: How I Doubled My First Cash Advance
