Went to purchase BC to become a sponsor and while choosing who to purchase from, I see a column that says "To Pay On The Dollar", with values ranging from $.07 to $.82
My question: Does that essentially represent a % of what I'll be receiving or is it what I'm paying on every dollar of my transaction?
Worded more simply: Let's assume "To Pay $.75 on the dollar", and I purchase $10. Does that mean my purchase will be worth $7.50, or does that mean that the $10 will end up costing me $17.50. Obviously a huge difference so I need to make sure I know what I'm doing.
Again, sorry if this is a super basic question but I'm 100% new to this and don't want to screw up and cost myself money by choosing the wrong vendor.
My question: Does that essentially represent a % of what I'll be receiving or is it what I'm paying on every dollar of my transaction?
Worded more simply: Let's assume "To Pay $.75 on the dollar", and I purchase $10. Does that mean my purchase will be worth $7.50, or does that mean that the $10 will end up costing me $17.50. Obviously a huge difference so I need to make sure I know what I'm doing.
Again, sorry if this is a super basic question but I'm 100% new to this and don't want to screw up and cost myself money by choosing the wrong vendor.