Renewal vs. Add on
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  1. #1
    Veteran Reputation points: 135672 Chambo's Avatar
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    Add ons are better for the merchant, worse for the reps

  2. #2
    Senior Member Reputation points: 122
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    Quote Originally Posted by Chambo View Post
    Add ons are better for the merchant, worse for the reps
    I agree. Paying off a large first balance with a new one is not very beneficial to the merchant or the lender that's providing the new advance. If the ISO is not worried about renewals and is just looking for the one-time commission payout, then sure.. it's great for the ISO...

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