Heard that some factoring companies engaging in the purchase of periodic payment rights (structured settlement payment rights) are now trying to distance themselves from the word "factoring". Apparently there is a negative connotation associated with the word. I wonder why? If you watch you will see words such as funding companies, transfer companies and other such monikers that their industry’s spin doctors can create.
Is this factorphobia? Perhaps this new phenomenon should be added to the master List of Phobias.
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