[MidnightAdvance]

Interesting stat: about 10% of the deals that were funded through “second chance funding” on the default program, are now getting offers by other funding shops after rebuilding their payment history.

[NoBigDeal]

Interesting stat: about 10% of the deals that were funded through “second chance funding” on the default program, are now getting offers by other funding shops after rebuilding their payment history.

Merchant's get approved all the time. Do the funding shops actually Fund after finding out about the default? Also, are you in touch with these funding shops and actually fighting to push those deals through for funding?
Not arguing your stats, just curious to know what makes you think it's a result of your default program as opposed to simply bad underwriting on the funding shops part?