I never understood why most funders automatically destroy the files of a client who modified payments once for a week or two during the "down" season, but never missed a payment, and then brand it a "default" and then can't get funding. If they had taken a CC split, they would be fine. I have a client who changed from a split to ACH, and everyone things that they defaulted. Only one funder is looking at it now from the perspective of "this person only qualifies for a split," as opposed to just straight declining.

Granted, it's 8 NSFs last month, so on a CC split makes sense.

Not all "defaults" are created equal.