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01-15-2019, 04:30 PM #1
you don't ask for much, do you?
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01-15-2019, 04:48 PM #2
- Join Date
- Apr 2013
- Posts
- 359
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01-15-2019, 06:34 PM #3
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01-15-2019, 06:42 PM #4
- Join Date
- Apr 2013
- Posts
- 359
Unless someone implicitly states horrible credit, bad bank statements, high balances, etc, etc., I assume whatever they're posting about to be pretty basic. Same goes for my posts: this is a straightforward deal with two standing balances, no UCC's filed, and no one on a split. If there were other issues then I would mention them.
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01-16-2019, 04:02 PM #5
- Join Date
- Jul 2014
- Posts
- 92
I think Chambo's point is that while a CC split may remove the risk of a bounced payment on any given day, you're still inching the merchant closer to insolvency by the time you're getting to third positions. It is therefore inherently risky and will probably be priced accordingly.
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