Results 1 to 6 of 6
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05-25-2017, 12:11 PM #1
- Join Date
- Aug 2016
- Posts
- 830
Background check
What are lenders/funders views on doing a background check on brokers as they do on merchants? Also are you open minded to different stories that are made up or true behind it or not?Is there a different set of rules for brokers and merchants?
I will also will like to hear from broker shops. For me it was a no brainier to do them before hiring.Our industry had an extremely sad story a couple of months ago that happened with someone that did have a past.
(please no names so we do not get this thread taken down)
Thank you
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05-25-2017, 12:13 PM #2
- Join Date
- Sep 2012
- Location
- New York, NY
- Posts
- 1,780
I undergo background checks to be a credit card ISO. I'm 100% for it.
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05-25-2017, 12:26 PM #3
- Join Date
- Jul 2015
- Posts
- 1,202
Most funders couldn't care less about broker backgrounds - or the well being of brokers in general. It's all about submissions. Period.
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05-25-2017, 01:57 PM #4
- Join Date
- Jun 2015
- Posts
- 3,322
Ricky i believe in the check but i will be shocked if you have any lender that will actually have the cojones to come on here and say yes we dont give a damn as long as they send a submissions.
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05-25-2017, 04:19 PM #5
- Join Date
- Feb 2015
- Posts
- 47
Background checks need to be MANDATORY. No excuses after what we just saw with Cops Episode 8 Season 14 Mugshot edition yesterday.
Anyone agree or disagree?
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05-25-2017, 04:24 PM #6
- Join Date
- Jan 2014
- Posts
- 1,374
you can come home from a long vacation paid by the state and next morning be signed up with lenders submitting...so yea I think background checks are good idea
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