Best Banking Practices for Adult Entertainment
Posted: Tue May 15, 2018 5:48 pm
This is the thread for both producers and consumers to discuss the benefits and hazards of financial transactions in the adult entertainment world along with best practices for navigating them.
I recall reading occasionally on various forums over many years that the stigma involved with production and consumption of legal adult entertainment leads to higher fees, rejected applications, reduced credit scores, etc., but a Web search found almost no authoritative articles, so this may just be nonsense.
The closest I found was a news article from ten years ago during the financial crisis wherein a credit card company profiled clients based on their supposedly "shady" dealings at various establishments and cut their credit accordingly.
If someone can point to authoritative sources, or can otherwise share words of wisdom, that might benefit everyone.
I know consumers can just use money orders, and producers tend to use innocuous merchant titles for credit card payments, but I am sure there is more to the story.
I recall reading occasionally on various forums over many years that the stigma involved with production and consumption of legal adult entertainment leads to higher fees, rejected applications, reduced credit scores, etc., but a Web search found almost no authoritative articles, so this may just be nonsense.
The closest I found was a news article from ten years ago during the financial crisis wherein a credit card company profiled clients based on their supposedly "shady" dealings at various establishments and cut their credit accordingly.
If someone can point to authoritative sources, or can otherwise share words of wisdom, that might benefit everyone.
I know consumers can just use money orders, and producers tend to use innocuous merchant titles for credit card payments, but I am sure there is more to the story.