{"id":13813,"date":"2016-03-18T09:00:59","date_gmt":"2016-03-18T13:00:59","guid":{"rendered":"http:\/\/www.Centives.net\/S\/?p=13813"},"modified":"2016-03-18T10:13:16","modified_gmt":"2016-03-18T14:13:16","slug":"divorce-is-a-lucrative-business","status":"publish","type":"post","link":"https:\/\/www.Centives.net\/S\/2016\/divorce-is-a-lucrative-business\/","title":{"rendered":"Divorce Is A Lucrative Business"},"content":{"rendered":"<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"\" src=\"http:\/\/www.Centives.net\/S\/wp-content\/uploads\/2016\/03\/031816_1411_DivorceIsAL1.jpg\" alt=\"\" width=\"640\" height=\"427\" \/><\/p>\n<p>The Economist wrote about an industry that hopes you stumble in your quest for true love:<\/p>\n<ul>\n<li>Financiers offer loans to individuals seeking a divorce to cover legal costs.<\/li>\n<li>In exchange the financiers get a cut of the assets that a party wins from the divorce.<\/li>\n<li>The loans themselves typically have interest rates of 18% and are usually worth about a third of the expected payout.<\/li>\n<li>In New York one firm&#8217;s average loan is for $306,000.<\/li>\n<li>The biggest problem is when a couple aborts divorce proceedings and decides that they were right the first time, and stay together. No divorce means no sold assets, and no return on investment.<\/li>\n<li>The firms point out that parties in a divorce would probably have to settle for much less if they couldn&#8217;t afford the high end lawyers that the loans allow.<\/li>\n<\/ul>\n<p>Read more <a href=\"http:\/\/www.economist.com\/news\/business-and-finance\/21694473-firms-who-lend-people-seeking-end-marriage-are-attracting-interest-inside?fsrc=scn%2Ffb%2Fte%2Fbl%2Fed%2Finsidethegrowingbusinessofdivorcefinancing\">here<\/a>.<\/p>\n<p>Source: <a href=\"http:\/\/www.economist.com\/news\/business-and-finance\/21694473-firms-who-lend-people-seeking-end-marriage-are-attracting-interest-inside?fsrc=scn%2Ffb%2Fte%2Fbl%2Fed%2Finsidethegrowingbusinessofdivorcefinancing\">The Economist<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Economist wrote about an industry that hopes you stumble in your quest for true love: Financiers offer loans to individuals seeking a divorce to cover legal costs. In exchange the financiers get a cut of the assets that a party wins from the divorce. The loans themselves typically have interest rates of 18% and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":13812,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-13813","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-bulletin"],"jetpack_featured_media_url":"https:\/\/www.Centives.net\/S\/wp-content\/uploads\/2016\/03\/031816_1411_DivorceIsAL1.jpg","_links":{"self":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/13813","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/comments?post=13813"}],"version-history":[{"count":3,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/13813\/revisions"}],"predecessor-version":[{"id":13816,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/13813\/revisions\/13816"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media\/13812"}],"wp:attachment":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media?parent=13813"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/categories?post=13813"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/tags?post=13813"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}