[Karen37a]

I guess it all comes down to the circumstances. It’s one thing if a merchant defaults straight out the gate, including blocked payments. But it is another if the merchant got hit by some unforeseen circumstance, and the merchant stayed in communication with the funder without stacking, but still couldn’t meet his/her obligations, but eventually made good. I think the main thing for me is, did they eventually payoff the advance or not?

Coming next week: F.R.E.S.H. Start program for merchants that defaulted on Midnight’s default program.

lol

I think the main thing for me is, did they eventually payoff the advance or not?

Another consideration is why they paid it back and how ( and you cant tell most of the time) ...were they forced to because vito showed up? Or someone took them to the mat and chased them down for it and had to wrestle it out of them. I have told numerous people who defaulted and paid it back under those circumstances to "kick rocks" the others I am slightly nicer to ...i just explain that we do not help defaulted merchants, they need to contact the Funder they defaulted on.

( I can promise you when you say no 90% say..." I was going to default on you too" or " I am closing the business down anyway" etc )