[Nunya]

It's funny to read about funders that are "killing it" and six months or a year later their underwriting is super tight. Sounds like they're reeling from some defaults back from when they were "killing it".

[DTFdowntofund]

It's funny to read about funders that are "killing it" and six months or a year later their underwriting is super tight. Sounds like they're reeling from some defaults back from when they were "killing it".

Agreed, I understand spike in default rates and how you need to tighten up the uw criteria afterward. But when you charge 194% I don't know how picky you can really get.