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02-24-2021, 10:33 AM #8
- Join Date
- Apr 2020
- Posts
- 191
Lol I feel like I have seen HFG on every crappy deal I come across. But I am no-one to judge, I personally do not deal with this type of paper either but that doesn't give me the right to call anyone a bottom feeder.
Apparently you feel entitled enough to judge, so what do you suggest someone with a 500 credit score do if they need a set amount of money and they can only get it by combining a few positions ?
Do you suggest they just go out of business?
I understand your position, and why some funders hate this, if you are in a priority position, but then again you are in a priority position, if you underwrote correctly you will have no issues recovering your capital.
Many times these added positions keep the merchant a-float and lets the first and second position get paid.
But back to my original question, do you suggest that people are banned from any options if they have crappy credentials, let them die out because they are not as qualified and well capitalized as you?
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