John, some of these "funders" have long forgotten about these defaults. Most of our stuff are at least a year old. These defaults were already juiced out for tax write offs.. let alone paid off most if not all of the debt.

Do we really wanna fund someone who outright stole $50k from another company? Absolutely not. But if the guy had 4 renewals and defaulted on the last $5k? Yes, send it.