Quote Originally Posted by Atlas Financial View Post
every industry benefits from having to pivot in certain ways. innovation will only help. this industry makes money, no one disputes that, so smart money will find a new way no matter what. funders that do not pivot, will die off. funders that do pivot will help benefit brokers as well since they do not want to see their deal flow decline. smart companies are already using your declines as data to create models and are finding ways to lower defaults period. as mentioned, new collection practices will emerge and someone who is forward thinking will capitalize on that. I would not categorize it as "win" or "lose", but change is a good thing.
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