[Karen37a]

This 100%. Especially on this only being appealing to newbies. And non-newbies will just flood this with their crap declines that they can’t get approved elsewhere. Can’t imagine the quality of these files being all that good. I also imagine every fraudster will attempt passing bad files thru.

Hers the problem additional with this

I have explained what a "tank file" is before


Some newbies will send in files that are declined for too many NSF or negative days or balance too high...after funders see it, which means it's in their hands

Now the file is declined but can be legally called in 14-30 days by an inside sales force in the hopes that the balances are lower or met the requirement and/or the Nsfs cleared up.

Giant Tank file for newbies who do not understand the pitfalls of underwriting

( no different than sending the files directly and not have underwriting that cooperates with you or a hands-off policy so you can follow up yourself)