[NationalCorporateData]

full of funders saying merchant defaulted just so no one touches them

There really needs to be some type of accountability within the system to avoid this. Maybe a support team at DataMerch to independently verify the situation and determine whether or not blacklisting a merchant is warranted. 3 strikes for misuse and you lose access or your flags come with a note, "this funder has a history of inaccurately marking defaults."

Goes back to the time when fly-by-night funders would file COJs after a single missed payment just to try collecting in full.

[Michael I]

There really needs to be some type of accountability within the system to avoid this. Maybe a support team at DataMerch to independently verify the situation and determine whether or not blacklisting a merchant is warranted. 3 strikes for misuse and you lose access or your flags come with a note, "this funder has a history of inaccurately marking defaults."

Goes back to the time when fly-by-night funders would file COJs after a single missed payment just to try collecting in full.

agreed , i had a merchant couple of years back that got declined for being on data merch that got funded later by the company that put them on there