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  1. #1
    Senior Member Reputation points: 35870
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    Uptick in deals with defaults

    Any other brokers notice an inrease in percentage of deals with defaults in the past couple of weeks?


    Maybe its just me, but seems like half the deals i got in this week had previously defaulted on funders.

  2. #2

  3. #3
    Quote Originally Posted by Landmark Fund Group View Post
    Landmark funds defaults.

    steve@landmarkfundgroup.com
    Show me your company in statements

  4. #4
    Senior Member Reputation points: 91418
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    Quote Originally Posted by FinancialSwissArmyKnife View Post
    Show me your company in statements
    He can't duh. They all default!

  5. #5
    Quote Originally Posted by SFC View Post
    He can't duh. They all default!
    lol

  6. #6
    Veteran Reputation points: 134971 Chambo's Avatar
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    Quote Originally Posted by MCN View Post
    Any other brokers notice an inrease in percentage of deals with defaults in the past couple of weeks?


    Maybe its just me, but seems like half the deals i got in this week had previously defaulted on funders.
    Probably due to many ISOs out there using the same lead sources, coming across the same merchants time and time again.....sooner or later, the merchants go bad. People keep calling though and making offers, so they keep applying

  7. #7
    Senior Member Reputation points: 91418
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    Quote Originally Posted by Chambo View Post
    Probably due to many ISOs out there using the same lead sources, coming across the same merchants time and time again.....sooner or later, the merchants go bad. People keep calling though and making offers, so they keep applying
    Sounds about right. Data guys must be killing it!

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