Quote Originally Posted by Chambo View Post
ODC started back in 2007 with 12 month 1.09's. then went to 1.12's, then cut them to 6 months. Then went to 1.18's

Now they are giving buy rate deals out at 6 month 1.28's
I am wondering if funding circle and dealstruck will encounter similar results. Their terms are longer and rates a lot lower, but their payments are monthly. I think the profitability of their models have to be tested.