[pcfunder]

how come the merchant only qualified for 50k 1.499 40 days?

[Nstoski]

how come the merchant only qualified for 50k 1.499 40 days?

that would only be answered by reviewing their statements, credit, and background. That sounds like a pretty vague question correct me if im missing something here.

[pcfunder]

that would only be answered by reviewing their statements, credit, and background. That sounds like a pretty vague question correct me if im missing something here.

well that's why I'm asking. I'm trying to understand his statements, credit, and background lol.

[Akanner]

how come the merchant only qualified for 50k 1.499 40 days?

Very simple: it was probably a default deal.
Certain lenders like to fund extremely high-risk deals or previous defaults deals where they can give 10-30 day deals and pay 7 points

[pcfunder]

Very simple: it was probably a default deal.
Certain lenders like to fund extremely high-risk deals or previous defaults deals where they can give 10-30 day deals and pay 7 points

could be but was curious as to why exactly this specific merchant only qualified for that. Regardless its funny how the funders who do these **** deals are also ****ty people. Kind of ironic. Can you let us know if this renews in 5 days and if you get paid on it?