discredit.org

Trend, fad or booming business?  Whatever you want to call it I have recently noticed the development of financing businesses popping up everywhere, focusing in on the domainer.  What I am about to say, might not be nice but it is purely my opinion.  If you are unable to afford a domain name, you should probably not borrow against the house to acquire one!  This concept makes me think of people financing rims on there cars at rediculous interest rates!  In the end they have paid more money in financing fees for the rims then the entire cost of the car.  On a financing scale, yes there is money to be made in our industry and I am one of the firm believers that this industry has yet to be tapped to the point of no return.  Lets take a step back for a minute and let our industry continue to flourish before the advent of any domain financing companies.  We are a strong industry full of serial entrepreneurs constantly turning the average joe into a domaining millionaire.  What makes us great as domainers is we are capable of making the impossible possible, by accomplishing our goals, one domain at a time.  The minute we let these financing groups into the industry is the minute our industry enters bubble stage!  Just say no to financing domains, lets not let this control our beloved industry!

Best Regards,

Jason Thompson