What is the difference between a cash advance on your lawsuit and a loan?

February 24, 2008

There are some very fundamental differences. The first is the word “advance” vs. “loan”. An advance means that we are giving you YOUR money earlier than you expected. When you get a loan at a bank, they are partly giving you someone else’s money and that person is usually another depositor and they are MOSTLY creating it out of thin air by just printing more. 90% of your money in the bank is being loaned out. That is proven by the depression when there was a run on the banks and depositors wanted their money back, THERE WAS NONE TO GIVE BACK. In a loan, whether you win or lose your case, you have to pay it back.

I only advance money, I do not loan it. The rich uses assets to survive. The not-rich create liabilities (debt) in order to survive. In getting an advance, you are employing the strategies of the rich. Read Robert Kiyosaki’s book “Rich Dad Poor Dad”. Then apply what you read. Your life will be dramatically different and easier.

Let me know your thoughts – Rob Thomas

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