Originally Posted by charly

So they got a loan and this will allow them to pay up.

Can someone please explain to me where the money they are taking is actually going to?

After Visa/MC take there 5% that leaves 95% of someone elses money in their clearing banks account or their account. Because I doubt if it's going back to the purchasers and I don't figure Visa/MC holding onto it. So where is it going to?

My take on this is they are spinnimg it out for as long as they can, all the time taking as much as they can in wages and expenses. Checkout where the Ibill executives are staying in Vegas, this might tell you something. Eating at the buffet in Motel 6 and getting the bus to the convention or a premium suite and eating in the best restaurants?

Remember they are there on other peoples dollars.

If it were my money I would be talking to the police or at least a lawyer.

Yes the IBILL execs and I doubt if they missed a single paycheck.