This topic, not getting paid because the loan didn't go through, is one of the things I reiterate in my confirmation of the confirmation when I take a job. I clearly state that I get paid regardless of loan situation. Here's the paragraph I use:
The amount quoted is the fee agreed upon by both parties. Because my fee is based on my scheduled time, driving distance and document handling, it is NOT subject to arbitrary reduction for No Show, No Sign or No Fund.
Like Luckydog says, those businesses above us have a steadier flow of funds from all the other sources they work with, whereas we are low man on the totem pole. Since I'm holding up that pole, I expect to be paid what I earned. |