Why fund defaults?
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  1. 06-29-2018, 04:39 PM #37
    MidnightAdvance
    MidnightAdvance is offline
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    I was once told by a smart underwriter, every C and D paper file is a default (meaning they defaulted / lowered payments on someone in the past) you just don't see it..

    The point is, a lot of our merchants come around, pay off, slow pay, pay off, and need more funds, all the time.
    Once a merchant is paying us, others will also fund after us.
    Last edited by MidnightAdvance; 06-29-2018 at 04:45 PM.
    High risk paper
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