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In every almost every realm, loans are something that you have to be paid back and which are collateralized in some form.
Most loans in campaign finance world are not like that. They do not have a term nor do they have collateral if payment never comes.
It would be nice to have some explanation about this pretty important difference, and maybe some other vagaries of the finances of campaign.
The text was updated successfully, but these errors were encountered:
Related to #112.
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Marjorie is on this -- I'll check in with her next week to see how it's going.
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In every almost every realm, loans are something that you have to be paid back and which are collateralized in some form.
Most loans in campaign finance world are not like that. They do not have a term nor do they have collateral if payment never comes.
It would be nice to have some explanation about this pretty important difference, and maybe some other vagaries of the finances of campaign.
The text was updated successfully, but these errors were encountered: