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08-10-2018, 06:18 PM #1
- Join Date
- Dec 2016
- Location
- Brooklyn N.Y.
- Posts
- 428
I’d add another small piece of wisdom (for late Friday tip):
Never ever fund a deal that has the word “RUSH” or any of the following words in the submission-
Urgent
ASAP
Deadline
Top priority
Because you will probably lose your money.High risk paper
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08-10-2018, 07:00 PM #2jotucker1983Guest
Amen to this lol. I can usually tell when a merchant has a bad risk profile when he's blowing my phone up and emailing me literally non stop over the course of 2 hours. It never fails, once I pre-qual him he always has about 7 Neg Days a month, 10 NSFs on average per month, 550 fico, and probably about 3 stacks.....but he needs funding as soon as possible and at the best possible rate
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