> Tanglin repaid that money the same year, which in the world of finance is a great sign.
Isn't it the same _day_? I'd think it doesn't mean what it seems to and the repayment is always listed on the same day as the initial loan, except there is a single place where they are on different days (loan on 08.02.2019 and repayment on 11.02).
Ah, but it *starts* with a deposit and *ends* with a withdrawal, not the other way round. In other words, it starts with a repayment of money it had borrowed sometime earlier in the year.
I see! Then I am confused by "But then CCD would just re-lend the money back to Tanglin in a couple of days." since now it seems re-lending was usually the same day (except once), and it's repaying the loans that took a couple of days.
Hi Shreedhar. In your upgrade options please add the following options to make it easier:
- UPI support: currently only credit card is showing in payment options, please add UPI option to make it easier to pay (I don't have credit card, but almost everyone in India has UPI now)
- option for one-time payment instead of subscription
Payments are super complicated thanks to some of RBI's policies + because India is a small market for Substack and it doesn't want to integrate with any payment gateway apart from Stripe.
Does your debit card not work on the card page? It really should. If it doesn't, use this link: https://rzp.io/l/boringmoney
I'll consider replacing the UPI subscription link with this one in my emails!
> When the regulator asks you to chuck your CEO out, you chuck your CEO out! You don’t give him a proxy CEO position as head of “strategy”.
This part was so funny 😂😂
Good post 👍
> Tanglin repaid that money the same year, which in the world of finance is a great sign.
Isn't it the same _day_? I'd think it doesn't mean what it seems to and the repayment is always listed on the same day as the initial loan, except there is a single place where they are on different days (loan on 08.02.2019 and repayment on 11.02).
Ah, but it *starts* with a deposit and *ends* with a withdrawal, not the other way round. In other words, it starts with a repayment of money it had borrowed sometime earlier in the year.
I see! Then I am confused by "But then CCD would just re-lend the money back to Tanglin in a couple of days." since now it seems re-lending was usually the same day (except once), and it's repaying the loans that took a couple of days.
I see a lot of Matt levine's (of "Money Stuff" newsletter) writing style in yours and I absolutely love it!
Hi Shreedhar. In your upgrade options please add the following options to make it easier:
- UPI support: currently only credit card is showing in payment options, please add UPI option to make it easier to pay (I don't have credit card, but almost everyone in India has UPI now)
- option for one-time payment instead of subscription
Payments are super complicated thanks to some of RBI's policies + because India is a small market for Substack and it doesn't want to integrate with any payment gateway apart from Stripe.
Does your debit card not work on the card page? It really should. If it doesn't, use this link: https://rzp.io/l/boringmoney
I'll consider replacing the UPI subscription link with this one in my emails!