[SFC]

Its unreliable and full of funders saying merchant defaulted just so no one touches them. also, at $500 a month, idk its a nice idea but Ive been doing just fine since I canceled my subscription.

I can't argue that its not perfect. Nothing is. They do need to do a better job of policing it, some people post defaults after one NSF.

BUT, you learn REALLY quickly who not to trust and who to trust and it always shows you which funder said it, so its an extremely useful tool. $500 a month is Pennies if it saves you from even 1 default in an entire year!

[NationalCorporateData]

I can't argue that its not perfect. Nothing is. They do need to do a better job of policing it, some people post defaults after one NSF.

BUT, you learn REALLY quickly who not to trust and who to trust and it always shows you which funder said it, so its an extremely useful tool. $500 a month is Pennies if it saves you from even 1 default in an entire year!

I think a major problem comes from the funders that flag a merchant that then causes others to decline the file for a DataMerch default, even if it's not a legitimate repayment issue.

[SFC]

I think a major problem comes from the funders that flag a merchant that then causes others to decline the file for a DataMerch default, even if it's not a legitimate repayment issue.

Not really. Because you write WHY you flagged the merchant. Very easy to look up if they say missed payment X date you just look at old statements to see if it's true. Useful product.