vade do clawbacks?
Need a Funder or Vendor? START HERE

Results 1 to 7 of 7
  1. #1

    vade do clawbacks?

    Does vader clawback?

  2. #2
    no they dont

  3. #3
    Senior Member Reputation points: 84416
    Join Date
    Mar 2014
    Location
    Florida
    Posts
    2,947

    Quote Originally Posted by Friendly funder View Post
    Does vader clawback?
    It may be prudent to read your ISO Agreement or seek professional legal advice.
    Dave Lambert, Business Development
    dave@fcbankcard.com
    Merchant Services Consultant
    High Risk Merchant Payment Solutions
    SBA 7(a) Loans & Short-Term Funding
    T/VM: 727-291-7890
    Office: 727-233-1111
    Skype: fc-financial

  4. #4
    Senior Member Reputation points: 25752
    Join Date
    Apr 2015
    Posts
    300

    whats the name of your iso shop - i think people should know that you are more worried about a clawback then working good files.

    hopefully ur banned everywhere

  5. #5
    Quote Originally Posted by harvey View Post
    whats the name of your iso shop - i think people should know that you are more worried about a clawback then working good files.

    hopefully ur banned everywhere
    asking because i had a merchant who stopped payments just curious if should expect a clawback

  6. #6
    Nope

  7. #7
    Senior Member Reputation points: 14657
    Join Date
    May 2014
    Location
    California
    Posts
    342

    They do terminate you though if your ratio of default versus paid merchants gets out of whack. In other words, too many defaults and you will need to start submitting through somebody else because you will get canned.

Similar Threads

  1. Iso's blocking clawbacks
    By iawia_advanced in forum Merchant Cash Advance
    Replies: 3
    Last Post: 07-27-2020, 01:31 PM
  2. CLAWBACKS happening?
    By brokerCompany in forum Merchant Cash Advance
    Replies: 23
    Last Post: 04-13-2020, 02:37 PM
  3. Clawbacks
    By fdecelle in forum Merchant Cash Advance
    Replies: 2
    Last Post: 07-12-2019, 08:17 AM
  4. - Chargebacks & Clawbacks - Asking for a friend?
    By Don Dolla in forum Merchant Cash Advance
    Replies: 7
    Last Post: 08-08-2018, 08:12 AM
  5. Wow Can started clawbacks again for 90 days.
    By John Galt in forum Merchant Cash Advance
    Replies: 18
    Last Post: 08-11-2016, 02:44 PM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


INDUSTRY ANNOUNCEMENTS

iBusiness Funding acquires Funding Circle
Fintech Nexus is shutting down
Fed penalizes Evolve Bank


DIRECTORY