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05-11-2018, 09:55 AM #1Karen37aGuest
Do Funders realize that some Isos have fired brokers because we heard them COACHING the merchant before funding call?
We heard them saying " do not tell them about corp turnaround..or do not say you might go out of business" ...just make up a few more versions of this and you can get the full picture of what a sales manaer /iso/compliance does.
Do you realize we WATCHED brokers go into their car to get the bad files when it was "spiff" time
We watched people pace the parking lot backdooring or go into a bathroom 100 times a day to coach a fking merchant or double stack.
Had people run into our offices with debt relief files and paid to remove some of our favourite funders from the mix
I had someone show up with a freaking computer once...told them to get the hell out of here and they pawned it and I called the original iso to tell him where his computer was.
Compliance....Managers...there is a reason some of you defaulted on so much. And a reason some iso passed on the deals. You think you stole them from us.
Deals and brokers need to be screened on a ground level...compliance. Someone has to do the basic minimal underwriting.
That's why Brokers and Isos flip out when they are backdoored...they did all this work to send you a good file and you steal it from some poor kid who cant pay their rent.As you sit there all smug thinking you are warren buffet.
Some have a terrible terrible marketing strategy...cut it fck out already you are not better in sales than some, nor building a business. Stop the back door bonanza and canibilizing each other and us.
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