Who funds defaults?
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  1. #1
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    Every funder steals. Some are more sloppy than others. That’s why it’s always important to charge FAT PSFs

  2. #2
    Senior Member Reputation points: 125088 BR-Nightmare's Avatar
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    Quote Originally Posted by SmartAdvanced View Post
    Every funder steals. Some are more sloppy than others. That’s why it’s always important to charge FAT PSFs
    That's why as Hedley (KH) would say "Know your funder/customer/lender. Know their capital." Do your due diligence on where your sending your file to fund.

    A PSF is the most grey-ist aspect in this industry. Especially when you intend to double or triple fund them and charge the PSF on all the fundings. That's a douche move IMO that hurts your renewal odds. There are people that have a reasonable fee they charge, that's ok. Tell your Merchant upfront and be clear about it. Some brokers pull the "This ACH page was missing from your contract" bs after the file is funded. SMH
    The Brokers Nightmare
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  3. #3
    Senior Member Reputation points: 46608 SendDocsPlox's Avatar
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    Quote Originally Posted by SmartAdvanced View Post
    Every funder steals. Some are more sloppy than others. That’s why it’s always important to charge FAT PSFs
    This guy ****s

  4. #4
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    Quote Originally Posted by SendDocsPlox View Post
    This guy ****s
    lmaooooooo
    Drew Matthew
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