[Chambo]

Im sorry, I dont see how a 4th position is ever a good idea for the merchant or the bank... The merchant may not realize it but with that many loans out their cash flow is getting killed, and for the bank if the merchant will go 4 you know they will go 5.. Why do it, what is there to gain??? For the ISO why waste time trying to squeezer out and fight for a 4th position when your time can be spent working deals that have a real profit margin.. I just dont get it

What's wrong with it Johnny? The rep made a commission and probably charged a fee! That's all they care about

Taking 40-50% of the gross sales away? who cares!? Merchant defaults and goes into bankruptcy? Who cares?!

What? Me, predatory?

[JayBallentine]

Guys clutch to every last piece of paper like it's their last...

[Paperchaser]

Guys clutch to every last piece of paper like it's their last...

wats wrong with chasing paper?

[FUNd]

wats wrong with chasing paper?

...curled in a ball in the corner of my office, hands over my face, flashing back to the 2008 subprime mortgage implosion...

We did it to ourselves by putting up no barriers to entry...just sayin...