Among the professors, Todd Zywicki, a legislation teacher at George Mason University, said that EarninвЂ™s appropriate explanation made feeling to him.
вЂњThis does not appear to be such a thing i might give consideration to become that loan,вЂќ he said. вЂњUnless these are generally really somehow forcing or tricking individuals into tipping, I just donвЂ™t see that thereвЂ™s any problem along with it.вЂќ
However the other two teachers questioned EarninвЂ™s defense of the business structure. In specific, they disagreed with EarninвЂ™s declare that it really is supplying a вЂњnonrecourse liquidity product,вЂќ not a loan, considering that the ongoing business has committed not to ever legitimately pursue clients whom neglect to repay the funds. (more…)